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 PDF Form it 214 Claim for Real Property Tax Credit for Homeowners 2021

It 214 2021-2025 Form

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Video instructions and help with filling out and completing PDF Form IT 214 Claim For Real Property Tax Credit For Homeowners

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Instructions and help about it 214 instructions 2019

did you know that one of the best benefits of being a homeowner is that you get a reduction in the federal income tax that you pay this video is going to go over the basics so you can understand how home ownership benefits you I'm Jennifer Hernandez lender for almost three decades real facts no BS everything mortgage here on my channel alone with Jen thanks for tuning in now I do want to give a disclaimer this is not tax advice it's just from accumulation of years of experience of actually doing mortgage loans so you definitely want to get with your tax professional on how this could specifically impact you so we're talking about income tax savings for being a homeowner so the first definition that we've got to have when you're taking this mortgage tax deduction is that it is for a home now the IRS conveniently enough I've got it here for you the IRS actually defines a home as having these three characteristics a place to sleep a place to

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