Hello,
I would like to confirm before purchase I will have the ability to specify the amount of a second fixed rate mortgage I used for home improvement vs non home improvement, and as a result the amount of interest that is tax deductible.
For example, if I took out a fixed rate second mortgage and used 90% on home improvements and 10% on paying off a credit card. I would like to claim a tax credit on the 90%.
I believe in the past, TurboTax has only given the option for all (100%) or nothing.
If so, does the Deluxe version support this itemization? If not what version does?
Thanks in advance.
