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Why isn't my mortgage interest being deducted this year. It always has in the past??
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Please go over the entries you made when entering your 1098 mortgage interest statement.
Pay special attention to the questions about the property securing the loan and outstanding mortgage balance.
I think there is a problem with the software. I have this issue also.
It says you will get the full credit, but when the you do the final review, the credit is -0-,
Review your total Itemized deductions. If the total amount is less than your Standard Deduction the program will deduct the Standard Deduction.
The 2019 Standard Deductions are:
I'm having the same issue. I don't understand why the interest isn't being deducted. It's VERY frustrating.
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