Mortgage Interest is an itemized deduction reported on a Schedule A Line 8a and 8b.
The total of All itemized deductions must be greater than the Standard Deduction for your filing status to have any tax benefit. If the total of all itemized deduction is not greater than the Standard Deduction then Schedule A will not be included with the tax return. The greater of either the Standard Deduction or Itemized Deductions is entered on Form 1040 Line 8.
Standard deductions for 2018
- Single - $12,000 add $1,600 if age 65 or older
- Married Filing Separately - $12,000 add $1,300 if age 65 or older
- Married Filing Jointly - $24,000 add $1,300 for each spouse age 65 or older
- Head of Household - $18,000 add $1,600 if age 65 or older
When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.
This will take you back to the 2018 online tax return.
Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. Choose the option Include government and TurboTax worksheets
