Letter M
tax
Mortgage Interest Deduction
The itemized deduction for interest paid on acquisition indebtedness secured by a qualified residence, capped at $750,000 of principal for loans originated after December 15, 2017.
Related terms
More legal terms starting with M
Looking for citation help? How to cite law · Citation methodology
See also: Full glossary index
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.