I've resigned myself to not be able to deduct interest on Home Equity line of credit

[question everything]

but read an article yesterday that if the loan is used to improve the house - which, really, is the purpose of it - that it can be deducted. I've always thought that, just like other deductions, filers should be able to support the claims. I can see that using these loans to pay other credit cards balance, take a vacation or buying a car should not be use for deductions.

On edit: found the link

https://www.irs.gov/newsroom/interest-on-home-equity-loans-often-still-deductible-under-new-law

(IRS has finally caught up with the new tax law)

[Yonnie3]

1. I can recall when auto loans and credit card interest was deductible.

The original tax act in 1913 allowed all interest paid to be deducted. This ended in the Reagan era.

[Sherman A1]

2. Yup

I recall those days as well. Every time we get tax reform, working people get screwed.