No, this is the amount shown on the mortgage credit certi...

When it asks for the mortgage interest from the MCC, is it asking for the amount we've already from our 1098?

posted

No, this is the amount shown on the mortgage credit certificate. Enter the amount shown on the certificate and the percentage.

Enter your 1098 form as it is reported. The % of the credit listed on the MCC will reduce the amount of your interest deduction to the actual amount you paid.

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LLC purchased a rental property at the end of the year and didn't report it on tax return

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When it asks for the mortgage interest from the MCC, is it asking for the amount we've already from our 1098?

When it asks for the mortgage interest from the MCC, is it asking for the amount we've already from our 1098?

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When it asks for the mortgage interest from the MCC, is it asking for the amount we've already from our 1098?

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When it asks for the mortgage interest from the MCC, is it asking for the amount we've already from our 1098?

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