How do I enter my 1098 myself

Please follow the instructions below:

1. Login to your TurboTax Account 
2. Click on the Search box on the top and type “1098”
3. Click on “Jump to 1098”
4. Enter all your information from Form 1098

Please be aware that itemizing will only be beneficial if you have more itemized deductions than the standard deduction amount.

Standard deductions for 2020 

• Single - $12,400 add $1,650 if age 65 or older
• Married Filing Separately - $12,400 add $1,300 if age 65 or older
• Married Filing Jointly - $24,800 add $1,300 for each spouse age 65 or older
• Head of Household - $18,650 add $1,650 if age 65 or older

Possible itemized deductions are:

• Medical and dental costs above and beyond 7.5% of your AGI 
• State, local, real estate, and personal property taxes ($10,000 limit)
• Home mortgage interest
• Charitable donations and gifts