topic Mortgage Interest Deduction question. My loan is $1.65 mil. Do I enter the entire amount of interest from my 1098 or the amount up to $1 mil? Thx in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-interest/01/2082243#M195716 Mon, 15 Mar 2021 05:07:52 GMT philip_koblis 2021-03-15T05:07:52Z Mortgage Interest Deduction question. My loan is $1.65 mil. Do I enter the entire amount of interest from my 1098 or the amount up to $1 mil? Thx https://ttlc.intuit.com/community/tax-credits-deductions/discussion/mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-interest/01/2082243#M195716 Mon, 15 Mar 2021 05:07:52 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-interest/01/2082243#M195716 philip_koblis 2021-03-15T05:07:52Z Re: Mortgage Interest Deduction question. My loan is $1.65 mil. Do I enter the entire amount of interest from my 1098 or the amount up to $1 mil? Thx https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-interest/01/2082380#M195734 <P>When you enter your 1098 information into the 1098 section of TurboTax's interview, enter the same amounts that show up in the corresponding boxes on the 1098 you received from your lender. TurboTax would to figure out the rest for you -- if there are any limits to be applied; TurboTax should apply them.</P> Mon, 15 Mar 2021 06:27:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-interest/01/2082380#M195734 noodad 2021-03-15T06:27:38Z Re: Mortgage Interest Deduction question. My loan is $1.65 mil. Do I enter the entire amount of i... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-i/01/2082809#M195758 <P>Yes, You should enter the entire amount of interest that is indicated on your 1098.&nbsp;</P> <P>&nbsp;</P> <P>TurboTax will make the calculation to adjust the deductible portion of the interest.</P> Mon, 15 Mar 2021 12:24:03 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-mortgage-interest-deduction-question-my-loan-is-1-65-mil-do-i-enter-the-entire-amount-of-i/01/2082809#M195758 JohnB5677 2021-03-15T12:24:03Z