Question

Is there any point in entering my mortgage interest is it won't be enough for me to not end up using the standard deduction?

Forum|Forum|5 years ago
March 31, 2021
1 reply
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My deductions will not take me above the standard deduction amount (~25K), so does it even help to enter my mortgage interest?

TurboTax Free Edition Online

C

Cynthiad66

No. You can go directly to standard deduction without entering any of the items in deductions and credits. However, depending on which state you are in, there may be deductions that translate to the state return that does not apply on the federal. It might be a good idea to just enter those itemized deductions, just in case.

The following states allow you to itemize deductions on just the state return: Alabama, Arizona, Arkansas, California, Delaware, Hawaii, Idaho, Iowa, Kentucky, Minnesota, Mississippi, Montana, New York, North Carolina, Oregon, and Wisconsin,

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