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If you are a minister or a member of the uniformed services and receive a housing allowance that isn’t taxable, you can still deduct your actual estate taxes and your home mortgage curiosity. You don’t have to reduce back your deductions by your nontaxable allowance. 517, Social Security and Other Information for Members of the Clergy and Religious Workers, and Pub. This publication explains how you treat objects corresponding to settlement and shutting costs, actual property taxes, sales taxes, home mortgage curiosity, and repairs. Many month-to-month house payments embrace an quantity placed in escrow for real property taxes.
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