MarilynG1
Expert Alumni

Deductions & credits

The MCC program is a homebuyer assistance program designed to help lower‐income families afford homeownership. The program allows homebuyers to claim a dollar‐for‐dollar tax credit for a portion of mortgage interest paid per year, up to $2,000.

 

If you had participated in this program (through a state or local government agency) when you purchased your home, you would have been advised of that, and have documentation concerning that.  The Certificate has a credit rate % listed on it, which is what TurboTax is asking for.

 

If this doesn't apply, skip that entry. Here's more info on the Mortgage Credit Certificate, Form 8936.

 

If you have a Form 8936 in your return and don't have an MCC, here's How to Delete Forms in TurboTax Online.

 

@Brodyschafer 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"