To cook a prime rib roast, rub the roast with a mixture of spices and herbs, then roast in the oven until the meat reaches an internal temperature of at least 135 degrees Fahrenheit. This results in a medium rare roast that is red in the center.
Is Interest on Credit Cards Tax Deductible? The IRS allows you to deduct certain expenses from your total income to arrive at taxable income, which is the portion of your earnings that is subject to tax. Some of these expenses include your payments of interest on a mortgage and for business loans.
This part explains what you can deduct as home mortgage interest. It includes discussions on points, mortgage insurance premiums, and how to report deductible interest on your tax return. Generally, home mortgage interest is any interest you pay on a loan secured by your home (main home or a second home).The loan may be a mortgage to buy your home, a second mortgage, a line of credit, or a home equity loan. You can deduct home mortgage interest if all the following conditions are met.educt the home mortgage interest and points reported to you on Form 1098 on Schedule A (Form 1040), line 10. If you paid more deductible interest to the financial institution than the amount shown on Form 1098, show the larger deductible amount on line 10.