Your tax deduction is $10,000 and your mortgage interest deduction is $12,000, so the total is less than the standard deduction for a married couple filing joint of $24,800.
If you are filing single, the standard deduction is $12,400.
Do you have any rental or self-employment income that is taking some of your mortgage interest deduction away?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
