Mortgage Interest Credit – Form 8396
You can claim the mortgage interest credit if both of these are true:
- You have a qualified mortgage credit certificate (MCC).
- The certificate was issued by your state or local government or agency under a qualified MCC program.
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 Form 8396 at www.irs.gov.