MayaD
Expert Alumni

Deductions & credits

If you already submitted your return, you need to amend it to claim the amount of mortgage interest that you actually paid. 

  • You must first wait until the initial return is completely processed.
  • You will have to use the same TurboTax account that you used for the original tax return.
  • Once you begin your amendment, you'll see your original return.
  • The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
  • Only make changes to the areas of your return that need amending.

 

Select your product below and follow the instructions. 

Amend TurboTax Online 

Amend TurboTax CD/Download 

 

To enter your 1098 mortgage interest statement in:

TurboTax Online

TurboTax Desktop 

 

However, claiming the mortgage interest might not effect your return.

 

You can’t deduct home mortgage interest unless the following conditions are met.

  1. You file Form 1040 or 1040-SR and itemize deductions on Schedule A (Form 1040).
  2. The mortgage is a secured debt on a qualified home in which you have an ownership interest.

For more Information, check: IRS.gov

 


 

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