Mortgage Interest Deduction

[zerocoo]

Hello,

I am in process of completing my 2019 taxes and have a question on mortgage interest deduction.  I have paid total interest of $21,677, however, only $3,421 is actually being applied towards my itemized deduction.  I have attached a screenshot.  Does anyone know why?

Thanks,

Hitesh

[MinhT1]

Please click on the link Why the Difference? to get an explanation.

[zerocoo]

I did, but the explanation does not apply to me.

[DianeC958]

If you mortgage interest is not being limited due to having a mortgage that exceeds the limits of $1,000,000 if taken out before December 2017 or $750,000 if the home was purchased after that date, your best option is to have a live agent look at what it going on in your tax return.