you can take the remaining deduction for the year in which you pay off the loan. The exception is if you refinance your loan again with the same lender. When you receive a Form 1098, total the ...

You’ll want to take steps to make sure your final payment is credited quickly and the mortgage lien is cleared from your title so you can sell your home when you want without extra hassles.

Tax Form 1098 tells the IRS how much mortgage ... majority of homeowners to refinance into a much more manageable mortgage payment; this in turn shifted some from using the itemized deduction ...