Phrases with «to deduct the interest»

"To deduct the interest" means to subtract or take away the amount of interest you have to pay from the total amount of money you owe. Full definition

Related phrases

Sentences with «to deduct the interest»

  • For example, if you're helping a family member pay his or her mortgage, you can't deduct that interest on your tax return. (realtor.com)
  • You may fully deduct interest paid on these loans, regardless of their size or what you used them for. (mortgage-x.com)
  • The lower - income spouse can also deduct the interest payments on his or her tax return. (tsinetwork.ca)
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