American Tax Service

Helping Americans File Their Taxes

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What Home Improvements are Tax Deductible?

home owner tax deductionsAre you looking to renovate your home? Usually, you can’t expect to deduct anything from your Federal tax return just because you decided to make changes to your home.

But certain home-improvements are tax deductible and can be utilized to reduce the amount of tax you pay to Uncle Sam.

There are both tax credits and deductions that can be taken when the purchase was made or afterwards. Let’s look at them.

You Can Use Your Mortgage to Improve Your Home

mortgage interest tax deduction

If you’re buying a home, then you can reduce the costs of your renovation project by making the changes when you purchase the home.… Read the rest

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Try the H&R Block Tax Calculator

If you are wondering how much of a Federal tax refund you will get, it’s possible to estimate the amount of your refund with the H&R Block Tax Calculator.

By entering in your income and answering a few simple questions, you can have a good idea of how much you’ll get back from the IRS.

Today, we are sharing how to estimate your tax refund amount for free.

H&R Block Tax Calculator

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