Mortgage Interest Credit in content page of articles
If you were issued a qualified mortgage credit certificate (MCC) by your state or local government, you might be able to claim the mortgage interest credit.
To figure your credit, use Form 8396: Mortgage Interest Credit. You must subtract the amount of this credit from your mortgage interest deduction if you do both of these:
- Claim this credit
- Itemize your deductions
To learn more, see IRS Form 8396 instructions.