What is the meaning of Interest deduction?

Interest expense on a home loan that governments allows homeowners to subtract from their income before computing their income tax.

Barry Goldsmith
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APABarry Goldsmith. (2010). interest deduction. Retrieved September 22, 2026, from http://smartdefine.org/interest_deduction/definitions/1156244
ChicagoBarry Goldsmith. 2010. "interest deduction" http://smartdefine.org/interest_deduction/definitions/1156244 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, interest deduction, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/interest_deduction/definitions/1156244>.
MLABarry Goldsmith. "interest deduction" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/interest_deduction/definitions/1156244>