Can you subtract your Mortgage Interest past its sell-by date your Indiana state taxes?

I know you can deduct property taxes, but how about mortgage interest? If not, what is the rates incentive to buy versus rent? Renters can deduct up to $2500. If you're married and file separately, that's a $5000 assumption, yet the property tax speculation only goes up to $2500 and a significant percentage of homes in Indiana don't pay that much within property taxes. For example, mine was only $1465 for the year.
Answers:
I have a sneaking suspicion that you only get that conclusion off of your Federal taxes but it is figured within when you report your income on the State taxes by asking for your adjusted gross income.
I think you might own tell the tax man roughly speaking it thought. All the best. Source(s): http://emortgagedomain.com/resources.htm…

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