How do I see answers on the Turbo Tax community?

[42Amy1]

I have questions about Mortgage Interest Deduction when my mortgage includes prior to 2017 Acquisition Debt? The easy step gives no chance to enter the prior to 2017 Mortgage acquisition debt nor is there a form/worksheet available to add it or override it on the worksheet. Can anyone help me?

[Cynthiad66]

Use this link to Search answers in Community  The Mortgage Interest Worksheet is not available yet.

The IRS places several limits on the amount of interest that you can deduct each year. For tax years before 2018, the interest paid on up to $1 million of acquisition indebtedness is deductible if you itemize deductions. The interest on an additional $100,000 of debt can be deductible if certain requirements are met.

Starting in 2018, deductible interest for new loans is limited to principal amounts of $750,000. Loans originated prior to 12/16/2017, or under a binding contract that closes prior to 4/1/2018, remain under the old rules for tax years prior to 2018.

Mortgage Interest Deduction