can u write off home improvements on taxes
When you are improving your home, you can take several deductions or possibly a tax credit to reduce your tax liability. These deductions can be either above-the-line deductions or itemized deductions. You must chose whether to take the total of your itemized deductions or the standard deduction on your tax return.You can take above-the-line deductions regardless of whether you take the standard deduction.hese deductions can be either above-the-line deductions or itemized deductions. You must chose whether to take the total of your itemized deductions or the standard deduction on your tax return. You can take above-the-line deductions regardless of whether you take the standard deduction.