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February 1, 2021
Question

I was playing with the home interest eligble deduction tab and now I can't get back to it??

  • February 1, 2021
  • 1 reply
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The tab is there to figure weather you can deduct all of your home interest.  I selected zero and now I can not go back and change the amount. This is resulting in me taking standard deductions which isn't correct.

1 reply

February 2, 2021

If you have not filed, to return to the Form 1098 section, here are the steps:

  • Sign in to your account, select Pick up where you left off
  • At the right upper corner, in the search box, type in "1098" and Enter
  • Select Jump to 1098
  • Follow prompts

Note that your mortgage interest might not change your total tax refund.  It will only change if your total itemized deductions including the mortgage interest exceeds your standard deduction.  In the TurboTax program, when you enter itemized deductions such as mortgage interest, property taxes, medical expenses, charitable contributions, all of these items are added together. Unless the total of itemized deductions exceeds the standard deduction for your filing status, you would not see any change in tax due or refund.