A Tax Deduction That Could Hurt You Getting A Mortgage…

Tax season is coming up, and I wanted to make you aware of a deduction that can be problematic if you are trying to get a mortgage.
If you have a W-2 job, and you are considering getting a mortgage here’s something to keep in mind as tax season approaches… The deductions you take on Schedule A for “unreimbursed job expenses” will come out of your adjusted gross income as a direct deduction off your income. This deduction would be things like job travel expenses, union dues, job education, etc. I’ve seen some rather large deductions in this category over the years – and sometimes it’s meant the difference between loan approval and denial. So, if you know you will be applying for a loan in the next couple of years – be aware of how this “unreimbursed job expenses” deduction will impact your overall income. For more information please visit our site blog :- Berksbire lending

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  1. Jennifer K RobertJuly 12, 2021 at 1:57 PM

    Hi everyone, I saw comments from people who had already got their loan from Anderson Loan Finance. and then I decided to make a request based on their recommendations. A few days ago, I confirmed in my personal bank account amounting to $15,000 dollars which I applied for. This is really a good news and I am so very happy that I advise all those who need a real loan and who are sure to reimburse to apply through their email (text or call) +1 719 629 0982. There are sincere
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    E-mail: andersonraymondloanfinance@gmail.com

    Phone: +1 719 629 0982


    E-mail: andersonraymondloanfinance@gmail.com

    Office address is (68 Fremont Ave Penrose CO, 812400).

    ReplyDelete

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