Can I claim Mortgage interest on my taxes from a home in Canada?

0 ⤊

Can I claim Mortgage interest on my taxes from a home in Canada?

(while working in the USA, we are paying mortgage payments in Canada)

2006-11-22 05:25:53 · 2 answers · asked by nathkore 1 in Business & Finance ➔ Taxes ➔ United States

Thanks for the answers. Now how to get a MCC certificate from a non-US government. I hope the bank's printed statement is okay... ?

2006-11-22 10:07:39 · update #1

2 answers

Yes, as long as the house is either your first or second residence

2006-11-22 07:16:28 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋

Normally you can only claim the interest on your primary residence, but you may be able to claim it if it is below a certain amount. (Maybe $100,000) check www.irs.gov

2006-11-22 05:28:59 · answer #2 · answered by mommafrog 3 · 0⤊ 0⤋