Home Mortgage Interest

[jdupont]

Why is home interest on mortgage for itemized deductions  not being allowed on Turbo Home and Business 2018? The loan was to build the home.  I have completed the worksheet and it won't allow the deduction.  I have changed from standard deduction to itemized and it won't flow through to the return even when over-riding? It fails the final review. I understand the SALT limit but I can't find any IRS document that limits the amount being entered $12193.

[SweetieJean · Accepted solution]

Be sure to indicate that the mortgage is secured by the property.

[jdupont]

Thank you it worked.  Much appreciated.

[Dfkrell]

Yes, the wrong box was marked making it look like a mortgage that owner was not living in property