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June 1, 2019
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Mortgage Interest adjustment Calculation. How to calculate the Mortgage Interest adjustment in California if the mortgage is over 750,000

  • June 1, 2019
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I have a mortgage over 750,000 in CA, how to calculate the Mortgage Interest Adjustment?

Best answer by KrisD15

You can calculate it by yearly average or monthly. 

 

https://www.ftb.ca.gov/Archive/Professionals/Taxnews/2008/1208/1208_5.shtml

2 replies

KrisD15
KrisD15Answer
June 1, 2019

You can calculate it by yearly average or monthly. 

 

https://www.ftb.ca.gov/Archive/Professionals/Taxnews/2008/1208/1208_5.shtml

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June 1, 2019
catch 22. how can i see my schedule A while still working on my taxes? turbotax won't let me see it.
February 1, 2020

Did you ever figure this out?  I have the same issue and it is driving me crazy.