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First Home Saver AccountPosted on March 30, 2010. The money is deposited in a home to know the first account of a tax deduction? Can I claim the money we put into the account as a tax deduction? Assuming you're in the U.S., probably not, it's just a savings account. No, you can not claim a deduction, and the interest is taxable income CommentsThere are no comments.Leave a Comment | Newest My Friends |