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February 8, 2025
Question

Is interest on Federal Home Loans taxed by Illinois?

  • February 8, 2025
  • 2 replies
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    2 replies

    Employee
    February 8, 2025

    This question is confusing.   Are you asking if Illinois taxes you on the interest you pay for your mortgage?  

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    KrisD15
    February 8, 2025

    Interest PAID on loans is not a deduction on an Illinois state tax return. 

     

    @m1mitrovic 

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