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Deductions & credits
Not sure what your question is.
This may help:
You can deduct home mortgage interest on the first $750,000 ($375,000 if married filing separately) of indebtedness. you would take the information from your 1098 and input into the deductions (which would show on the Schedule A - Itemized deductions.
However, if you don't have enough itemized deductions TT will push you into the standard deduction.
‎April 6, 2025
7:54 PM