Still a bit unclear as to how much of my mortgage interest I can claim on CA itemized deductions if I use the federal standard deduction.
Hypothetical:
Mtg Interest paid in 2018: $8,800
Qualified Interest I could have claimed if I had itemized on Fed taxes: $4,378
Qualified Interest I could claim when itemize on CA taxes: $8,080
On my CA adjustments worksheet, TT plugs in $3,699 as the amount I can add back (difference between $8,080 I can claim on CA taxes and $4,378, the amount I could have claimed if I had used standard deduction on Fed taxes). Is this correct, or can I claim the full $8,080 and how do I override the figure TT automatically plugs in?
