Mortgage 932,003 interest paid in 2024 47,175. Limitation from what I have read is interest paid up to $750,000 mortgage is deductible. My math tells me I am 21% higher than the 750 limit so 79% times 47,175 = $37,268.
Turbo tax says my allowed amount is 26,000 and change. Which one is correct? Can I override the 26 amount?
I looked at last years and it did the same thing Is TurboTax correct or my math?
