Is HELOC interest tax deductible in 2026? Updated rules for homeowners.

A home equity line of credit, or HELOC, lets you borrow against the equity in your home. Like a mortgage, it comes with interest that can add up quickly. Whether HELOC interest is tax-deductible for homeowners depends on how the money is used and how current IRS rules apply as key provisions of the Tax Cuts and Jobs Act approach their scheduled expiration. Here’s what to know before you file. Learn more: What is a home equity line of credit, and how does a HELOC work? Is HELOC interest tax deductible? ...