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.
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You won’t get any benefit if your standard deduction is greater than your itemized deductions.
Total deductions of $12,700 is less than your standard deduction unless someone can claim you as a dependent.
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