What can I claim on my taxes for a home?

Answer Homeownership has some advantages over renting, one of the most important being preferential treatment in the tax code. The government views broad homeownership as a key to maintaining stable commu... Read More »

Top Q&A For: What can I claim on my taxes for a home

What Can You Claim As a Home on Your Taxes?

Although your primary residence provides a valuable income tax advantage, you can claim more than one home for some purposes. The tax effect of claiming homes other than your principal dwelling dep... Read More »

Can you claim home improvements on taxes?

According to the Internal Revenue Service (IRS), a home improvement is a project that adds additional value to your home, such as a new pool, new windows or even an add-on room.Loan InterestIf you ... Read More »

Do I Have to Claim a Second Home on My Taxes?

When it comes to saving taxes with deductions, the Internal Revenue Service never forces you to claim it even though you are eligible. Therefore, if you have a second home, there is no requirement ... Read More »

What do i claim to get 0 taxes out of a paycheck?

To have no tax withholding taken from your paycheck, you need to claim "Exempt" on your Form W-4. The criteria for claiming exempt are: (1) you had no tax liability for the previous year and got a ... Read More »