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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).
‎February 22, 2021
11:19 AM