Mortgage Interest Deduction in Louisiana
State income tax rate
3%
Itemized deductions allowed
✅ Yes
State-Level Mortgage Interest Deduction
Louisiana has a top rate of 3% and allows itemized deductions including mortgage interest on state returns.
Combined Federal + Louisiana Savings
If you paid $18,000 in mortgage interest last year and itemize on both returns, your combined tax savings would be approximately:
- Federal (22% bracket): $3,960
- Louisiana (3% rate): $540
- Total estimated savings: $4,500
These are estimates based on a 22% federal bracket. Your actual savings depend on your specific tax situation.