Mortgage Interest adjusted

Forum|Forum|5 years ago
May 25, 2020
1 reply
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I have a mortgage secured in 2019 and less than $750k. I am answering the question 'no, none of these apply to me' and when I hit continue the program automatically adjusts the answer to 'yes, one or both of these situations applies to me'. When I review the deductions the program has also reduced the property tax. I am itemizing and not taking the standard deduction. Why is the program automatically updating this response?

DoninGA

Try this -

For desktop versions:

In Forms view, locate and click on Tax & Int Wks on the left from the forms list
On the form, scroll to Mortgage Interest Limited Smart Worksheet
Click on NO to the right of the question, Does your mortgage interest need to be limited