Tax Policy: Nonbusiness Interest Deductions

GGD-86-53BR Published: Mar 13, 1986. Publicly Released: Mar 13, 1986.

Highlights

GAO reviewed records for taxpayers who itemized their deductions in 1983 to assess the amount and distribution of the average home mortgage, credit card, and other nonbusiness interest deductions.

Full Report

Full Report (28 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Tax Policy and Administration

Interest ratesTax administrationTax creditTax lawTaxpayersConsumer creditTax deductionsCredit cardsStatistical dataHome equity