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Yes, you do own a home.
Yes, as Carl stated above, you are considered to own the home when you have a mortgage for this purpose.
There are limits to the amount of mortgage interest and taxes that can be deducted under current law. TurboTax will prompt you for the information needed to calculate any limitations.
Here's how to enter your mortgage interest statement in TurboTax:
See this help article for more information.
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