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srilareddy committed Oct 22, 2024
1 parent 1c24226 commit 11e4157
Showing 1 changed file with 4 additions and 12 deletions.
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description: IRS limits the total home mortgage interest deduction to this amount, based on filing status.
# Debt incurred before December 16, 2017
SINGLE:
2017-12-16: 1_000_000
JOINT:
2017-12-16: 1_000_000
SEPARATE:
2017-12-16: 500_000
HEAD_OF_HOUSEHOLD:
2017-12-16: 1_000_000
SURVIVING_SPOUSE:
2017-12-16: 1_000_000

# Debt incurred after December 16, 2017
SINGLE:
2018-01-01: 750_000
JOINT:
2017-12-16: 1_000_000
2018-01-01: 750_000
SEPARATE:
2017-12-16: 500_000
2018-01-01: 375_000
HEAD_OF_HOUSEHOLD:
2017-12-16: 1_000_000
2018-01-01: 750_000
SURVIVING_SPOUSE:
2017-12-16: 1_000_000
2018-01-01: 750_000
metadata:
breakdown: filing_status
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