JohnB5677
Expert Alumni

Deductions & credits

Schedule A, line 8a is Home mortgage interest and points.  

 

The limit for a mortgage interest deduction is $750,000. That means this tax year, single filers and married couples filing jointly can deduct the interest on up to $750,000.

 

Please go back and confirm the entries from your 1098 mortgage statement.  If your mortgage is less than $750,000 the full amount of interest plus points should be entered.

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