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February 16, 2025
Question

what is mortgage credit certificate and is it needed for using standard deduction

  • February 16, 2025
  • 2 replies
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    2 replies

    February 16, 2025

    If you are using standard deduction you do not need to enter anything about your mortgage.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    February 16, 2025

    A mortgage credit certificate is a tax credit that is used to help pay your mortgage interest.  If you are not itemizing, you do not have to enter the information in TurboTax.  You should keep a copy with your tax records in case you need it in the future.