I have entered the mortgage interest for my primary/vacation home and which far exceeds the standard deduction yet Turbo Tax continues to use the standard deduction????
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I have entered the mortgage interest for my primary/vacation home and which far exceeds the standard deduction yet Turbo Tax continues to use the standard deduction????
posted
June 1, 201911:11 AM
last updated
June 01, 201911:11 AM
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I have entered the mortgage interest for my primary/vacation home and which far exceeds the standard deduction yet Turbo Tax continues to use the standard deduction????
Go back through the mortgage interest section and be sure you did not inadvertently select 'no' to whether the mortgage was secured by your residence. The answer to that question will determine whether the mortgage interest is deductible or not.