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Deductions & credits
Yes, you can deduct mortgage interest on a home (that has been sold) as long as you were legally obligated to pay the mortgage when the payment was made. This is a Sch itemized deduction.
To enter mortgage interest
- Click on Federal Taxes (Personal using Home and Business)
- Click on Deductions and Credits
- Click on I'll choose what I work on (if shown)
- Under Your Home
- On Mortgage Interest, click on the start or update button
May 31, 2019
7:46 PM