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Does 1098 mortgage interest change my refund? It did last year but not this year. Has anything changed?
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posted
June 6, 2019
10:46 AM
last updated
June 06, 2019
10:46 AM
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Does 1098 mortgage interest change my refund? It did last year but not this year. Has anything changed?
No, the 1098 mortgage interest does not always change your refund. You will not actually benefit from it unless your total itemized deductions are greater than your 2017 standard deductions. As you enter the information in the program, it will transfer the information over to the Schedule A and also line 40 of your form 1040 if it works in your favor. Please see attached information for details.
June 6, 2019
10:46 AM
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