Can I Deduct My Mortgage Interest?

Updated 12 days ago (March 6, 2026)

Yes, you can deduct the mortgage interest you pay on a loan secured by your primary home or second home. You would include this deduction on the IRS Form 1040.

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Note that this deduction is only available if you file an IRS Form 1040 and itemize your tax deductions.

Financial Disclaimer: Tellus provides this content for informational purposes only. This is not financial advice. Financial returns and mortgage terms vary based on individual circumstances and market conditions. Consult a qualified financial advisor before making financial or borrowing decisions.