crazeeeyez
Returning Member

Deductions & credits

We bought a new home in 2020 and when I enter the new mortgage (not refi) my taxes owed goes waaaaay up, and it says to use the standard deduction.  If I say it's not a secured loan, my tax liability drops way down.   I can't imagine this is right.

BTW using TurboTax Mac (not Online).