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What do you mean "new" mortgage? Is it a refinancing without any of the proceeds being used to buy, build, or substantially improve the home that secures it?   If you used the new loan to pay off the old one, only the amount equal to the balance on the old debt qualifies for a deduction. If you paid off the old one outside of taking out the new debt, it would seem that none of the interest on the new one is deductible. However, if you provide more info about the new loan, like what it was used for, the answer could change   

And see this official help article from the Canada forum...... As of 12/17/25, Though we recommend using Windows 11, the Canadian version of TurboTax Desktop 2025 will run on Windows 10. Please see this TurboTax Canada FAQ for more information: https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/download-products/end-support-windows-10-affect-turbotax-desktop/L4v9atO3O_CA_en_CA?uid=mesv72gu   Also  you should be posting over in the CA forum.  Here is the Canada forum https://turbotax.community.intuit.ca/tax-help  

The new $6,000 "senior" bonus deduction will be available to individuals age 65 and older, with eligibility set at $75,000 in income for single filers and $150,000 for couples, and phasing above those levels. But the provision is temporary. It will only be available from 2025 through 2028, and will supplement, but not replace, the existing extra standard deduction already available to older adults. Note: The new bonus deduction applies regardless of whether you itemize or take the standard deduction. It could help those with sufficient deductible expenses to itemize, but who also want to further reduce their taxable income. For more information, see our report: How the 'Senior Bonus Deduction' Works.     This bonus deduction is on Schedule 1-A - Part V

The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b.  It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it if you qualify.

You bought an S-Corp. stock. It files Form 1120-S. Its income net of some expenses and other items is reported on the K-1 that the S-Corp will issue to you. You are considered an employee and thus are required to take a salary and file payroll tax returns. Since you seem to know little about S-Corp operations and related tax obligations, find a good tax pro and sit down with them to determine your reporting obligations. If you mess up, the penalties and taxes could be substantial.     I will provide some insight, but you still need to get a grasp on your filing and reporting obligations. This is beyond the scope of this forum. Outside basis = you bought stock, thus your tax basis is what you paid for the stock. It goes up or down depending on what's reported on that K-1 I mentioned. Inside basis = what's on the books of the S-Corp you bough which can be more or less than what you paid. Generally, this is the tax basis of its assets less liabilities. You do not have a new corporation because you bought stock. Rather, the old S-corp continues so you'll need prior filings. 

I dont need a link directing me to something that doesnt exists on my ID. I have only two letters at the start of my document number  Not 3! I will be forced to mail my taxes because I cant input my valid ID numbers