Nicholas E. asked

💰  Tax

Can I deduct the use of home updates for tax breaks, specifically a new efficient furnace, windows, and siding for my primary home? I am now a widow and considering filing as head of household. Should I take a standard deduction or itemize, and what are the guidelines for itemizing expenses?

June 26th, 2023

Craig P. answered

You can add home improvements that increase the value of your home to your tax basis, which can decr...

June 26th, 2023

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