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Deductions & credits
I don't understand something. Last year I paid $4K in mortgage interest and it helped lower my due federal tax. This year, I paid about the same $4K in interest and nothing happens. The amount I owe in federal taxes doesn't change even if I put $0K in interest paid. (Box 1). Not sure I understand why this is happening.
‎June 1, 2019
4:39 AM