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Get your taxes done using TurboTax
In order to deduct your mortgage interest, the total of your Itemized deduction: medical expenses, charitable contributions, mortgage interest, sales taxes, or your state, local, or property taxes, should be higher than the standard deduction for your filing status.
If the standard deduction is higher, mortgage interest won't affect your federal return.
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‎February 7, 2024
12:53 PM