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TT NOT RECOGNIZING MORTGAGE INTEREST DEDUCTION
TT did not recognize my home mortgage interest deduction and is directing me to take the $24K standard deduction for married, filing jointly. My state and property taxes exceed the $10K cap, and my charitable contributions total $6716, and that is what they are saying in the summary (a total of $16, 716 in itemized deductions, hence the standard deduction). However, although my home mortgage interest is properly entered, it is not recognizing it. If that is counted (along with a child credit and foreign tax credit), I would exceed the $24K standard deduction. I have already filed. Why isn't TT recognizing the mortgage interest?
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‎October 27, 2019
11:20 AM