I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do

crazyabouthockey — Tue, 10 Feb 2026 09:45:14 GMT

Re: I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do

xmasbaby0 — Sun, 21 Jan 2024 22:25:21 GMT

Did you e-file already? If you e-filed, you cannot do anything to fix it until you know if the IRS accepts or rejects your e-file----which they will start doing on January 29. If the return is rejected you can fix mistakes and re-file. If they accept it, you have to wait until it has been fully processed and then you can amend to fix mistakes.

But.....even if you add the mortgage interest, will you have enough itemized deductions to exceed your standard deduction? If not, it will have no effect.

HOMEOWNERSHIP DEDUCTIONS

It is very hard for a lot of people to use itemized deductions now that the standard deduction is so much higher. Your home ownership may not have any effect on your tax due or refund, especially if you purchased the house late in the year.

Standard Deduction

Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund. The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach. The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you. Under the new tax laws, some deductions have been capped—there is a $10,000 limit to the itemized deductions for state, local, property and sales taxes.

2023 STANDARD DEDUCTION AMOUNTS

SINGLE $13,850 (65 or older/legally blind + $1850)

MARRIED FILING SEPARATELY $13,850 (65 or older/legally blind + $1500)

MARRIED FILING JOINTLY $27,700 (65+/legally blind) ) + $1500 per spouse

HEAD OF HOUSEHOLD $20,800 (65 or older/blind) + $1850)

Go to Federal> Deductions and Credits> Your Home to enter mortgage interest, property taxes, and loan origination fees (“points”) that you paid in 2023. You should have a 1098 from your mortgage lender that shows this information. Lenders send these in January/early February.

Re: I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do

DoninGA — Sun, 21 Jan 2024 22:25:38 GMT

If your mortgage interest plus any other itemized deductions would not be greater than the Standard Deduction for your filing status there is no need to enter the mortgage interest.

Standard deductions for 2023

Single - $13,850 add $1,850 if age 65 or older
Married Filing Separately - $13,850 add $1,500 if age 65 or older
Married Filing Jointly - $27,700 add $1,500 for each spouse age 65 or older
Head of Household - $20,800 add $1,850 if age 65 or older

topic I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do in Deductions & credits

I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do

Re: I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do

Re: I forgot to put my 1098 mortgage interest on my return as I never saw it come up as an option. What do I do