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New Member
posted Mar 4, 2020 12:38:39 PM

How much interest is deductible on home mortgage. Q1 how much did you spend on house. Q2 Loan balance Jan 1, 2020. Hit continue. Q3 Balance on Jan 1, 2020? Why?

question is regarding the calculation to see how much interest on home mortgage is deductible.  Seems like you want balance at beginning and end of year but only ask for jan 1 2020 twice.

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1 Replies
Expert Alumni
Mar 8, 2020 10:56:14 AM

Which interview section are you working in that is asking these questions?  The federal interview asks you to fill in boxes from your form 1098.  Are you in a state interview?  If so, which state?