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Deductions & credits
I have the same problem. On the federal return I put the Mortgage Interest paid., about 8,000. I am itemizing my deductions. The loan is secured by the property. The mortgage is a refinance 1-13-21, and the home is worth about 1 million. The interest amount is right there on the deductibles worksheet, and yet when you complete the program, and preview the return, there is no entry under #8 on Schedule A. I have gone back to the beginning of the worksheet multiple times, it is not ever credited. ON the California 540 return there is a Deductible Home mortgage Interest Worksheet, and they pick up the correct mortgage interest ,work it though their system, and come up with a total of 522 deductible interest...big whoop!! I am 76 and getting more grey hair over this. Without this almost 8,000 deduction I owe tax, with it I would get a refund. I have spent hour after hour after hour going back over the program....but nothing changes....I am beyond exhausted and stressed. HELP ..I
think that the program is defective, and I will have to go buy a new download and start all over..