Sentences with phrase «get the tax deductions unless»

It's also worth remembering though, you don't get the tax deductions unless you're actually paying the expenses of mortgage interest, property taxes, and mortgage insurance.

Not exact matches

The marital deduction law allows married couples to transfer an unlimited amount to their spouse without an estate tax hit; however, upon the death of a spouse, the surviving spouse does not get this privilege (unless they remarry) and if his / her estate exceeds the federal and state estate tax exemption then it will be taxed upon their death.