Other Issues on Eastern Connecticut
More on Eastern Connecticut
By: Eric Bedner
The IRS has determined that homeowners who make repairs to their crumbling foundations within the next three years can amend their 2017 federal tax filings to deduct the cost.
Under the updated guidance from the IRS, which U.S. Reps. John B. Larson, 1st-District; Joseph D. Courtney, 2nd-District; and Rihard Neal of Massachusetts announced Wednesday, homeowners will have through the end of 2020 to make qualified repairs to their homes and until April 2021 to claim those repairs on amended 2017 federal tax return.