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STATE OF INDIANA DEPARTMENT OF LOCAL GOVERNMENT FINANCE INDIANA GOVERNMENT CENTER NORTH 100 NORTH SENATE AVENUE N1058(B) INDIANAPOLIS, IN 46204 PHONE (317) 232-3777 FAX (317) 232-8779 TO: County Auditors

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What is mortgage deduction from assessed?

Mortgage deduction from assessed is a tax benefit that allows homeowners to deduct a portion of their mortgage interest from their tax liability.

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Individuals who own a home and pay mortgage interest are typically required to file for mortgage deduction from assessed.

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The purpose of mortgage deduction from assessed is to provide homeowners with a tax benefit and help make homeownership more affordable.

What information must be reported on mortgage deduction from assessed?

Homeowners must report their mortgage interest, property taxes, and any other relevant expenses on mortgage deduction from assessed.

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