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Question

I am stuck in the 1098 section. My house was paid off in 2021. I don't have a 1098 for 2022. How do I move on?

Forum|Forum|3 years ago
January 24, 2023
1 reply
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Mortgage interest isn't required to itemize but may put you below the limit to itemize of $12,950 single/MFS or $25,900 for MFJ. See About Schedule A (Form 1040), Itemized Deductions - Internal Revenue Service. You can delete any information that has been carried over. Depending on the version, there should be a "delete" or a trashcan. If online, see How do I view and delete forms in TTO? I also recommend looking for more deductions. You can review the IRS website on deductions and credits. Congratulations!

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