Do I have to report the information on my 1098 form if I went with the standard deduction? Turbotax did not give the prompt to ask if i purchased a new home?

sheri-clark · ‎February 2, 2024

AmyC · ‎February 2, 2024

No, you do not have to enter the deductions when you know you won't take them.

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xmasbaby0 · ‎February 2, 2024

If you are using standard deduction, you are not required to enter anything about your mortgage. If want to enter it anyway:

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.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Do I have to report the information on my 1098 form if I went with the standard deduction? Turbotax did not give the prompt to ask if i purchased a new home?