AmyC
Expert Alumni

Deductions & credits

You can only edit forms in the desktop version. However, you can change your entries in the mortgage section online. As long as your final sch A has the correct amount, the entries you make are not important. The program is set to keep you from going over the allowed limits. Use  Table 1 Worksheet to Figure Your Deductible Mortgage Interest and just enter the correct amount without the high mortgage amount. The mortgage amount is what creates the limits. Keep a good record of how you arrived at your answer, in case you are ever asked.

 

About Schedule A (Form 1040), Itemized Deductions - Internal Revenue Service

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