DaveF1006
Expert Alumni

Deductions & credits

It depends. The $21K may not have an impact if you are unable to itemize deductions. Also is your mortgage loan balance more than $750K because if so, your mortgage interest may be limited. 

 

Go to federal>deductions and credits. Continue through the screens and when you get to a screen that looks like the screenshot below, see what type of deduction you are actually receiving.

 

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