- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Mortgage Deduction
I sold a house in 2019 with a remaining mortgage of $918,000 (which started in 2014 at $950,000) and bought another house with a total mortgage of $1,600,000. Is my allowable deduction limited to $750,000 or the earlier amount?
If the former, how do I enter the information in TT?
Thanks
‎September 11, 2021
11:38 AM