IRS Agrees to Allow Unmarried Couples a Full Deduction for Mortgage Interest
For decades, lawmakers have complained about theโmarriage penaltyโ, which refers to the areasย within the Internal Revenue Code (IRC) that tend to favor unmarried couples who cohabitate overย those who are married. The marriage penalty just becameย a lot bigger with the IRSโs agreement toย allow a full deduction on mortgage interest for unmarried individuals who are co-owners of […]
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