turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Sarah310
New Member

Mortgage interest not applying

I’m working on my 2024 taxes and I am entering my form 1098. I paid about $10,200 in mortgage interest and $2500 in property taxes. It’s my primary home. I entered everything carefully and correctly and I even deleted and re-entered but it’s not giving me anything back for it. Something seems wrong.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Mortgage interest not applying

You won’t get any benefit if your standard deduction is greater than your itemized deductions. 

rjs
Level 15
Level 15

Mortgage interest not applying

Total deductions of $12,700 is less than your standard deduction unless someone can claim you as a dependent.

 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question