HappyW2
New Member

Deductions & credits

Hi - so assuming I paid local property taxes of $25k and I am capped at 10k for this line on deductions, why would my mortgage interest of $10k show as 0?   I am not taking a standard deduction, do not have a home office, don't rent out my home and any other reason listed in the turbotax help on why I did not get a full amount of my mortgage interest deduction.