This should be on the mortgage credit certificate (MCC) from your
state or local government you received at the time of
purchase. These certificates are issued as part of
state and local government programs to help people buy a home.
The credit rate is the percentage used to calculate the mortgage interest credit, and is between 10% and 50% of the qualified mortgage interest
you pay. The mortgage credit certificate (MCC) shows the credit rate
that applies to you. The government agency who issues your MCC
determines this credit rate.
Further information on this credit
can be found in the TurboTax program under deductions &
credits>Mortgage Interest Credit Certificate.
