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"Check this entry" "Schedule CA:_your return has a mortgage int. adjustment which will require an update". Anyone at TurboTax know when this update will be available?

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3 Replies
SForrestLO
Expert Alumni

"Check this entry" "Schedule CA:_your return has a mortgage int. adjustment which will require an update". Anyone at TurboTax know when this update will be available?

This link will provide information on when the Schedule CA will be available. 

California Individual Form Availability

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"Check this entry" "Schedule CA:_your return has a mortgage int. adjustment which will require an update". Anyone at TurboTax know when this update will be available?

Looks like its saying 2/10. Although I don't actually see a Schedule CA form that mentions "mortgage interest adjustment". 

JulieS
Expert Alumni

"Check this entry" "Schedule CA:_your return has a mortgage int. adjustment which will require an update". Anyone at TurboTax know when this update will be available?

Schedule CA makes adjustments to several areas of the federal tax return, including itemized deductions. 

 

The 2021 Schedule CA is not released by the state of California yet, but I know that that the cap on the amount of mortgage interest that can be deducted is higher in California than it is on the federal return. There may be other differences that affect you. 

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