I understand that there is a limit of $750,000 (married filing jointly) on mortgage debt for mortgage interest deduction thanks to the Tax Cuts and Jobs Act. My question is if the debt is higher than $750k, can we still partially deduct interest for debt up to $750k? My debt is higher than 750 and TurboTax decides that I ineligible for this and recommends that I take the standard deduction. Is there any way that I can at least deduct part of the interest that I paid?
