SabrinaD2
Expert Alumni

Deductions & credits

Your Mortgage Credit Rate % is typically found on your Mortgage Credit Certificate (MCC), not on Form 1098

 

  • The MCC shows the percentage of the mortgage interest that can be claimed as a tax credit, which usually ranges between 10% and 50%
  • If you don't have your MCC, you can contact your lender or the housing finance agency that issued the certificate for this information

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