Buying a home isn’t cheap. But between new and existing legislation, you could qualify for tax breaks you never knew about. Depending on your situation, you could write off hundreds or even thousands of dollars when you file this year’s taxes.
You’ll typically need to itemize to take advantage of these write-offs, so check if the itemized deduction is higher than the standard one. If it isn’t, you might be better off with the latter. The 2026 standard deduction is $32,000 for married couples filing jointly (or $16,100 for single filers), per the IRS.
