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Questions of the "interests you paid"
Recently I've been checking my 2019 tax return, and was hoping to find any way I can do my taxes better.
And here's what I'm still confused about. I got the 1098 form from the bank which I've paid the interests for my home mortgage for $6,640 by end of 2019. I've double checked on the app that everything was filled correctly, and was hoping to see this amount would contribute to my itemized deduction.
However, I was not able to see the amount reflected on the schedule A - line 8a, 8a shows 0 for my home mortgage interest and points reported to you on form 1098, which lower my itemized deduction for the federal tax. It might be a dumb question, but I've been looking for the answers, and still couldn't figure out why.
Please advise, thank you in advance 🙂