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Deductions & credits
Don't see anyone mentioned this......
There is a new question or two you have to answer to get the mortgage interest deduction. Like maybe put in your ending balance. Make sure you answer that the loan is secured by the property. Go back through that section.
One User said.....Two questions on the last two data entry pages for that item: one asking if the loan was secured by the property purchased with the mortgage (my home) and the next asking if the money had been used to build or purchase the home. I suspect both these are qualifying questions for deductibility.
‎December 4, 2019
8:45 AM