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Deductions & credits
The most likely reasons for the mortgage interest not being recognized as an itemized deduction would be the home office deduction, rental property expenses, or the answers to your mortgage questions.
The first thing to do would be to see if the interest was entered as a part of your home office deduction or rental expenses. Then, go back through the mortgage interest section and make sure you qualify for the deduction based on the size of your mortgage and the use to what you put the mortgage proceeds to.
If the mortgage interest is being used as a rental expense or part of a home office deduction, the deduction amount allowed for itemized deduction purposes will be limited.
If you deleted a home office deduction or rental property deduction for mortgage interest, you may need to delete the home mortgage interest entry in the "Your Home" section and re-enter it.
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