Average Tax Return After Buying House 2017 May 2026

For the 2017 tax year, the average individual tax refund was .

: If you paid "points" (prepaid interest) to lower your rate, these were typically fully deductible in 2017 if they were for a primary residence. average tax return after buying house 2017

While buying a home in 2017 did not trigger an automatic flat-rate refund, it significantly increased the likelihood of a higher-than-average return for taxpayers who their deductions. Key Tax Benefits for 2017 Homebuyers For the 2017 tax year, the average individual tax refund was