Married, filing jointly, combined net income of $175,000. Last year we received about $3,500 from Federal. Live in NJ. All things the same as last year except that we have been homeowners for entire 2018 (have paid mortgage interest of about $10,000 and taxes of about $5,000). The mortgage loan is about $290,000. All things the same as last year other than the mortgage interest and taxes paid, should we expect a higher tax return that we can deduct these from our income. Will we receive a lot more $ from tax return, a little, probably be the same?
Thanks
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