ErnieS0
Expert Alumni

Deductions & credits

Yes if you paid off your balance during the year, enter the final balance before the payoff. This probably will give you a lower refund because your mortgage interested may be limited.

 

To verify this, check your deductible mortgage interest amount on the Deductible Home Mortgage Interest Worksheet.

  1. Tap Forms in the top right (next to flags)
  2. In the left column find Ded Home Mort and tap
  3. Part 2–Deductible Home Mortgage Interest will show the deductible portion
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