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March 28, 2025
Question

Mortgage Interest Credit

  • March 28, 2025
  • 1 reply
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After interning my credit certificate, it says that my return already includes this credit and for next year I have a carryover. Why?

1 reply

March 28, 2025

If you had a carryover from a prior year, you use the oldest carryover amount because you can only carryover the credit for three tax years.