MindyB
Expert Alumni

Deductions & credits

Entering your mortgage interest will only change your tax when you have already entered enough itemized deductions to exceed the standard deduction. 

 

Here are the standard deductions for 2024:

 

  • Single and Married Filing Separately taxpayers: $14,600
  • Married Filing Jointly taxpayers: $29,200
  • Head of Household: $21,900