My mortgage interest is $5430 but "Your Tax Breaks" has a total of $7633.Why the difference?

Forum|Forum|6 years ago
February 8, 2020
2 replies
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Mrspgh

Level 2

That is happening to me too. My mortgage interest is listed as $6821 in the deductions and credits list, but is $10560 in the final list.

MayaD

Alumni - Intuit

The mortgage interest is not added to your tax break (credit you are receiving), it is calculated separately.

Based on your information, the total of your mortgage interest and other deductions did not exceed the standard deduction so you won't see it on your return.

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My mortgage interest is $5430 but "Your Tax Breaks" has a total of $7633.Why the difference?

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