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.

Related Topics

Related Resources

Deducting Mileage For Medical Care

Learn whether you can deduct mileage for medical care from your taxes with advice from the tax experts at H&R Block.

Filing Taxes In Multiple States

Learn more about filing taxes in multiple states with advice from the tax experts at H&R Block.

Tax Implications of Buying or Selling a House | H&R Block

Whether you are buying or selling a house, learn more about the tax implications and the documents you need to save with the experts at H&R Block.

Claiming Tax Credits For A Babysitter

Can you claim a credit on your taxes if your babysitter is a relative? Learn more from the tax experts at H&R Block.