All Posts in Tag: MID

Get the REAL Facts on Mortgage Interest Deductions in Idaho

Interesting reading from the Ada County Association of REALTORS®. Of the approximately 399,498 owner-occupied houses in Idaho in 2009, 278,102 or 70% had a mortgage.In 2008, 194,063 taxpayers in Idaho claimed a deduction for mortgage interest. The total amount deducted was $2,054,503,000. This means that the average taxpayer claiming the MID deducted $10,587 from taxable…

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