Showing posts with label What you cannot include on Line 16:❌. Show all posts
Showing posts with label What you cannot include on Line 16:❌. Show all posts

Monday, April 14, 2025

❌ What you cannot include on Line 16:

 

❌ What you cannot include on Line 16:

  • Mortgage interest (that goes on Schedule A)

  • Personal loan interest

  • Credit card interest (even if used for school)

  • Interest someone else paid on your loan

 Before it was part of the United States, Alaska belonged to the Russian Empire. By the 1860s, however, Russia was eager to sell the territo...