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Prepay your Alliant mortgage for a larger 2014 tax deduction

October 21, 2014

By Alliant Credit Union

If you have an Alliant mortgage, you may be able to increase your 2014 mortgage interest deduction by prepaying your January 2015 mortgage payment. Interest for December 2014 is included in your January 2015 mortgage payment and thus may be eligible for a 2014 tax year itemized deduction.*

In order to take the deduction, your January payment must be received by Alliant by Monday, December 22, 2014.