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New Member
posted Feb 16, 2025 8:51:19 AM

what is mortgage credit certificate and is it needed for using standard deduction

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2 Replies
Level 15
Feb 16, 2025 8:53:49 AM

If you are using standard deduction you do not need to enter anything about your mortgage.

Expert Alumni
Feb 16, 2025 9:06:56 AM

A mortgage credit certificate is a tax credit that is used to help pay your mortgage interest.  If you are not itemizing, you do not have to enter the information in TurboTax.  You should keep a copy with your tax records in case you need it in the future.