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jimdario
New Member

My mortgage interest is on a mortgage greater than $1,000,000. I have done the proper calculation, but I can't find a place to put the correct amount in the program.

 
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Anita01
New Member

My mortgage interest is on a mortgage greater than $1,000,000. I have done the proper calculation, but I can't find a place to put the correct amount in the program.

Enter it in the Federal Taxes tab, 

Deductions and Credits, 

Choose What I Work on if you see it, 

if not, just scroll down to mortgage interest.  

Enter the name of the lender, check anything that applies on the next screen.  

Enter the deductible amount you calculated and check the box below that says "interest amount I entered here is different from what's on my 1098".  

The next screen lets you enter an explanation.

View solution in original post

2 Replies
Anita01
New Member

My mortgage interest is on a mortgage greater than $1,000,000. I have done the proper calculation, but I can't find a place to put the correct amount in the program.

Enter it in the Federal Taxes tab, 

Deductions and Credits, 

Choose What I Work on if you see it, 

if not, just scroll down to mortgage interest.  

Enter the name of the lender, check anything that applies on the next screen.  

Enter the deductible amount you calculated and check the box below that says "interest amount I entered here is different from what's on my 1098".  

The next screen lets you enter an explanation.

jimdario
New Member

My mortgage interest is on a mortgage greater than $1,000,000. I have done the proper calculation, but I can't find a place to put the correct amount in the program.

Thank you TurboTaxAnita!

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