turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Hi- It doesn't appear Turbo Tax is allowing me to deduct my mortgage interest that is reported on the 1098, only the property taxes. Does this sound correct for Fed/CA?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
rjs
Level 15
Level 15

Hi- It doesn't appear Turbo Tax is allowing me to deduct my mortgage interest that is reported on the 1098, only the property taxes. Does this sound correct for Fed/CA?

When TurboTax asked if the loan is secured by a property of yours, did you answer Yes? If the loan is not secured by the property, the interest is not deductible.

 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies