ChristinaS
Expert Alumni

After you file

Its "deductible". However, your itemized deductions need to be greater than the standard deduction:

Single, Married Separate $6,300

Married Joint, Qualifying Widow(er) $12,600

Head of Household $9,300

That's not a large figure for mortgage interest, so that, your property taxes, charity, state or sales taxes, etc. need to be greater than the standard to make a difference.

If you are not filing a Form 1040, or have a 1040 with the standard amount on line 40, you are not itemizing.

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