I don't see the 1098 interest I paid for my home in my tax return

Forum|Forum|7 years ago
June 1, 2019
1 reply
3 views

I made my taxes but I don't see the 1098 Interest paid or how much im.getting back is that normal

TurboTax Free Edition Online

Anonymous

Yes, because it looks like you're in the free version of software so you most likely took the standard deduction. Home mortgage interest is one of the 'Itemized deductions' but you only take these if the total is more than the 'Standard Deduction' which is $6,300-$12,600. You may recall the software going through that step.

If you haven't finished entering all of your information under the federal taxes tab, be sure to do so, but do be aware that the itemized deductions would require you to file Schedule A with your taxes and upgrade to a paid version of TurboTax.

anabella53

Level 2

I did pay for the turbo tax program to get full tax refund due to my new home. I already input my taxes and they were excepted but I was looking at my 1040A and I didn't see the 1098 interest paid there