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Deductions & credits
Hi Zomboo,
I apologize if my original description as incomplete. I entered everything through the TurboTax interactive step by step process. I am entitled to a deduction of approximately $11,000 in interest paid in 2023 on my primary residence and reflected in the 1098 from my lender. But TurboTax was showing zero for the allowed interest deduction in the summary page and recommending I take the Standard Deduction as I did not have enough itemized deductions. I open tne "Forms" section to look at the exact entries in the form compared to last year when TurboTax gave me the deduction. Everything matched. I could not find another place in TurboTax or the actual forms submitted to the IRS that may be causing this issue. I opened a completely blank new return and hand entered all my information and TurboTax now gives me the deduction for my home loan interest. Somewhere in TurboTax something was set and it zeroed my interest deduction in the first version of the return. I have the second return working now and will delete the first and chalk it up to a ghost in the machine.