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February 26, 2021
Question

Does a mortgage deduction (statement of mortgage or contract indebtedness for deduction from assessed valuation) go in the mortgage credit certificate box?

  • February 26, 2021
  • 1 reply
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State (Indiana)

1 reply

ReneeM7122
March 1, 2021

No, the mortgage deduction and mortgage credit certificate are different.  Typically someone purchasing a home in a targeted area can qualify for a mortgage credit certificate, and it is issued by the state.

 

Here is a TurboTax article about mortgage interest.