AmyC
Expert Alumni

Deductions & credits

It has to do with how you answer the questions. Mortgage interest is only deductible when used to buy, build, or improve your home. 

Review your answers and check:

  1. the secured by a property of mine
  2. careful when selecting:
    • yes used the loan only on the home I took it out on or 
    • No, I used some of all on something different. Enter the amount used for the house.
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