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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.
March 29, 2024
12:43 PM