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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13339
Experience:  15years with H & R Block. Divisional leader, Instructor
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Can u use the interest u pay on your mortgage as a deduction

Customer Question

can u use the interest u pay on your mortgage as a deduction on your income tax returnonce you turn 65
Submitted: 8 months ago.
Category: Tax
Expert:  Robin D. replied 8 months ago.

Hello

You do not deduct your personal mortgage interest in Canada. If you have rental property you can deduct the interest.

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