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?
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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?
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.
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