What is home ownership

[jl101579]

Do I own home if paying mortgage

[SherekaB]

If you have a mortgage on the home and are paying on it then yes you own a home. You should also receive a mortgage interest statement which you can enter. 

Here is how to enter Mortgage Interest

1) Click the FEDERAL on the left tab

2) Select DEDUCTIONS & CREDITS at the top of the screen

3) Select show all tax breaks

4.) Choose YOUR HOME and select Show more

5) Click the START button on the line in this sub-group that is labeled MORTGAGE INTEREST, REFINANCING & INSURANCE