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New Member
posted Jun 4, 2019 10:14:53 PM

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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1 Replies
Expert Alumni
Jun 4, 2019 10:14:55 PM

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.