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What happened to the mortgage interest and property tax write off? My return was over $1,200 last year and now $28. It gave me no benefit

 
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JulieCo
New Member

What happened to the mortgage interest and property tax write off? My return was over $1,200 last year and now $28. It gave me no benefit

There were several changes to the tax laws in 2018 and the biggest impact is from the increased standard deduction.  Therefore, your mortgage interest and property taxes may not have impacted your taxvreturn if they totaled (along with the rest of your itemized deductions) less than the standard deduction.  Here is more information. 

https://ttlc.intuit.com/replies/4848485


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1 Reply
JulieCo
New Member

What happened to the mortgage interest and property tax write off? My return was over $1,200 last year and now $28. It gave me no benefit

There were several changes to the tax laws in 2018 and the biggest impact is from the increased standard deduction.  Therefore, your mortgage interest and property taxes may not have impacted your taxvreturn if they totaled (along with the rest of your itemized deductions) less than the standard deduction.  Here is more information. 

https://ttlc.intuit.com/replies/4848485


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