I took out a home equity loan secured by my main home to pay off personal debts. Is this interest deductible?

I took out a home equity loan secured by my main home to pay off personal debts. Is this interest deductible?
Frequently Asked Questions

Is interest paid on a home equity loan or a home equity line of credit (HELOC) deductible?

Is interest paid on a home equity loan or a home equity line of credit (HELOC) deductible?
Frequently Asked Questions

Are child support payments or alimony payments considered taxable income?

Are child support payments or alimony payments considered taxable income?
Frequently Asked Questions

I am adopting a child and don't yet have a Social Security number for the child. How may I claim the child as my dependent?

I am adopting a child and don't yet have a Social Security number for the child. How may I claim the child as my dependent?
Frequently Asked Questions