First Time Homebuyer - Am I Missing Anything?

[avigo45]

Bought my first house in 2024.

I input my 1098 and a 1099 INT I got. 

Is there anything else I might be missing or should check regarding tax filing?

Thank you

[LindaS5247]

There is no longer a first-time-buyer credit. It was only available for houses purchased between 2008 and 2010. 

You can only deduct your mortgage interest if you are itemizing your deductions.  If you answered the questions in TurboTax in the section called "Your Home" you should be confident that you have received any home-related deductions that you are entitled to with regard to your home.

You can review your screens regarding home deductions in TurboTax as follows:

If you are using TurboTax Desktop:

1. Click on the Deductions & Credits tab
2. Under "Your Home" select "Visit All" 
3. This will walk you through the TurboTax screens to determine any home related deductions

If you are using TurboTax Online:

1. Deductions & Credits
2. If "Your Home" is not listed, click on "Add Tax Breaks"
3. Click on the down-facing caret next to "Your Home"
4. Revisit the screens regarding home related deductions

Click here for Home Ownership Tax Deductions

Click here for What deductions can homeowners take?

Click here for Homeowner Tax Deductions: Maximize Your Savings While Making Home Sweet Home Even Sweeterare