Can I deduct mortgage interest paid in 2019?

[CatinaT1 · Accepted solution]

Yes, if you itemize your deductions.

When you enter all your information into TurboTax, it will calculate the best deduction for you to use - either the standard deduction or itemized deduction.

You may benefit from itemizing your deductions on Schedule A if you:

• Do not qualify for the standard deduction, or the amount you can claim is limited,
• Had large out of pocket medical and dental expenses during the year,
• Paid interest and taxes on your home,
• Made large contributions to qualified charities, or
• Have total itemized deductions that are more than the standard deduction to which you otherwise are entitled.