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lunasea53
New Member

If we, married couple filing jointly, are taking the standard deduction will entering our Mortgage interest affect our AGI?

 
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‎March 16, 2020 9:49 AM
last updated ‎March 16, 2020 9:49 AM
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VolvoGirl
Level 15

If we, married couple filing jointly, are taking the standard deduction will entering our Mortgage interest affect our AGI?

No.  But you still should enter your deductions.  You might be able to itemize on the state return.

‎March 16, 2020 9:53 AM
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catilley
New Member

If we, married couple filing jointly, are taking the standard deduction will entering our Mortgage interest affect our AGI?

The mortgage interest that is asked will be used to see if the itemized deductions are higher than your standard deduction.  If the standard is taken then the mortgage interest entered is not in the calculation.

‎March 16, 2020 9:56 AM
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