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New Member
posted Apr 13, 2024 7:28:33 PM

I bought a second home, but when I interred the info and the interest paid on the loan into turbo tax my tax return amount never changed

Why can't I clam my interest paid on my mortgage

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1 Replies
Expert Alumni
Apr 13, 2024 7:31:51 PM

It might be allowing the interest, but unless you Itemize Deductions (rather than taking the Standard Deduction) the interest won't matter.

 

Look at schedule A 

 

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look at schedule A