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TurboTax always computes your deductions both ways ( standard and itemized ) and then suggests the best option for you --- but you can tell TurboTax which type of deduction you want to take, even if the other one was higher ( there are legitimate reasons for choosing one over the other besides the larger). And yes you can choose not to report/ recognize interest expense. Does that help ?
TurboTax always computes your deductions both ways ( standard and itemized ) and then suggests the best option for you --- but you can tell TurboTax which type of deduction you want to take, even if the other one was higher ( there are legitimate reasons for choosing one over the other besides the larger). And yes you can choose not to report/ recognize interest expense. Does that help ?
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