You should answer all of the questions. If TurboTax accepts the answers and allows you the full amount of the interest on your 1098 (assuming that your portion of the property's loan is less than $75...
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You should answer all of the questions. If TurboTax accepts the answers and allows you the full amount of the interest on your 1098 (assuming that your portion of the property's loan is less than $750,000 if not filing a Separate return), then your answers should be fine.
For the 2025 tax year, you can deduct mortgage interest on up to $750,000 of mortgage debt ($375,000 for married filing separately) if your loan was taken out after Dec. 15, 2017. If your loan was taken out on or before this date, you can deduct interest on up to $1 million in debt ($500,000 if married filing separately)
See this TurboTax tips article for more information.
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