@chintan85 wrote:
@DoninGA thanks for your feedback. I was able to follow through Deductions and Credit but was not able to go to the last step. I am using the software on my computer. Yes my itemized are higher ~55K vs. standard $24,400. I looked at it further, its capping my home interest deduction and I have answered all the questions correctly. Its a loan secured by my residence, not a HELOC etc.
Okay...Your post is showing you using the Deluxe online edition.
Anyway, go back through the Mortgage Interest section and review the questions and answers. Your interest should not be capped if your total mortgage debt is $750,000 or less. Mortgages and refinances taken out before December 16, 2017 are grandfathered in at the $1 million debt limit.
