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dbookhite

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  1. Does having your home paid off effect stipends/per diems?

    dbookhite posted a topic in Travel
    Hello, I am thinking about paying off the rest of my mortgage on my home. I'm concerned it might hurt me at tax time if my house is paid off because home expenses justify some tax benefits of stipends and per diems. My guess on it is that I could still justify my tax home and housing expenses because even with the loan paid off there are taxes, insurance, utilities, and various expenses attributable to my home. I can't find any solid evidence to justify my guess. The people filing my taxes and my agency may not be knowledgeable on this issue so I hope someone can provide me some good information. Thanks!

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