I have a 1098 for a second mortgage. why won't turbo tax let me deduct the interest?

[LindaS5247]

You can't deduct mortgage interest unless you are itemizing your deductions.

You can get back to your entry screens in TurboTax for Mortgage Interest to check that your entries are correct as follows:

1.  Click on "Search" (magnifying glass) at the top right of your screen and 
2. Type "1098" in the search bar. ‌
3. Click on "Jump to 1098."  This will allow you to review your entries for your mortgage interest from Form 1098

You must answer the question, "Is this loan secured by a property of yours?" as "Yes" in order for your mortgage interest to be included.

You could also try deleting and reentering your Form 1098 for the home that is not being counted. To do this, use the instructions above for returning to the TurboTax screens for entering your mortgage interest.  Follow your screens until you see "Is this loan secured by a property of yours?"

Your screens will look something like this:

Click here for "Where do I enter my 1098 mortgage interest statement?"

Click here for additional information on the Mortgage Interest Deduction

Click here for additional information on mortgage interest.