I got a CP28A from the IRS saying my home mortgage interest deduction was too high. How to I calculate this to make sure it is correct? If it is correct, what is next?
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I got a CP28A from the IRS saying my home mortgage interest deduction was too high. How to I calculate this to make sure it is correct? If it is correct, what is next?
I am under the $750,000 mortgage limit and the mortgage start date is within the tax year under question (2024). I only have one mortgage.