Form 1098 line 1 can i deduct morgage interest

[elon56]

Can i deduct morgage interest from a 1098 line 1

[DoninGA]

To enter, change or delete Mortgage Interest -
Click on Federal Taxes (Personal using Home & Business)
Click on Deductions & Credits
Click on I'll choose what I work on (if shown)
Under Your Home
On Mortgage Interest, Points, Refinancing, and Insurance, click on the start button

[MindyB]

Yes, you can deduct mortgage interest if you itemize your deductions, subject to certain limitations (see: Can I deduct my mortgage interest?)

Here is how to report the information from Form 1098:

• Go to Federal > Deductions & Credits > Mortgage Interest and Refinancing (Form 1098)> Add/Edit
• Choose your bank to expand and edit or add if not already populated
• Continue until you get to the screen "Mortgage Interest and Refinancing (Form 1098)"
• Enter all of the information, including interest and property taxes and continue