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-   -   Pro Rata share of mortgage interest on form 1116 even if you don't itemize (https://www.askmehelpdesk.com/showthread.php?t=739368)

  • Mar 15, 2013, 07:55 PM
    mssparkie
    Pro Rata share of mortgage interest on form 1116 even if you don't itemize
    I am filing form 1116 and previously I have always itemized deductions on schedule A. However, this year, our standard deduction is greater than the itemized one. So can I still deduct a pro rata share of mortgage interest on form 1116 or am I limited to just a pro rata share of the standard deduction?
  • Mar 15, 2013, 09:46 PM
    AtlantaTaxExpert
    Pro-rated share of the standard deduction.

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