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Level 1
posted Dec 14, 2019 11:58:36 AM

Mortgage Interest deduction

Hi,

 

Looking at my 2018 taxes I filed, I noticed that I entered $10,000+ in mortgage interest, but when my taxes were filed Turbo Tax only gave me credit for $4400?  Why is that?  Thanks!    

0 3 748
3 Replies
Level 5
Dec 14, 2019 4:01:20 PM

did you enter the mortgage balance?

Level 1
Dec 14, 2019 5:51:09 PM

OMG, thank you!!!!!  I went back in an realized that that I put my mortgage interest in and then mixed it with my HELOC info.  You helped me tremendously.  I must have looked at that 20 times and never realized it.  I hope you have a very Merry Christmas!    

Level 7
Dec 15, 2019 4:47:37 PM