DianeW777
Expert Alumni

Deductions & credits

No worries.  If you can itemize your deductions you want to be sure this is included.  

  1. Under Deductions and Credits scroll to Your Home, then click show more.
  2. Click Start or Revisit beside 'Mortgage Interest and Refinancing (Form 1098)'
  3. Yes you have a 1098
  4. Enter the mortgage interest and the date you originally started this mortgage (does not have to be exact)
  5. Select 'We've already deducted.... points
  6. Answer details about the loan (home equity, refinance, none)
  7. Continue to 'Here's your 1098 info > Continue (you should see your mortgage interest entry)
  8. See the image below.
  • The standard deduction for married couples filing jointly for tax year 2022 rises to $25,900 up $800 from the prior year. For single taxpayers and married individuals filing separately, the standard deduction rises to $12,950 for 2022, up $400, and for heads of households, the standard deduction will be $19,400 for tax year 2022, up $600.  
    • If you're at least 65 years old or blind, you can claim an additional 2022 standard deduction of $1,400 ($1,750 if using the single or head of household filing status). If you're both 65 and blind, the additional deduction amount is doubled

@pd47 

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