Get Your Mortgage Payment in Early to Maximize Your Tax Deduction

This year I'm sending my mortgage payment in 2 weeks early. Why? So I get 13 months of interest paid this year, so I can deduct it on my taxes.

If you've had a good income year, and expect to owe a larger amount in taxes, here's a free way to save taxes on that interest. If you haven't had such a good year and don't expect to owe much in taxes, make the payment in early January. Maybe you'll have a better year next year and can take that extra help on next year's taxes.