This article will assist you with generating Form 8396, Mortgage Interest Credit, in the Individual return.
To generate Form 8396 in the program:
- Go to Input Return ⮕ Credits ⮕ CTC, EIC, Oth Credits.
- Select the Home tab.
- Scroll down to the Mortgage Interest Credit section.
- Enter the Name of issuer.
- Enter the Certificate number.
- Enter the Issue date.
- Enter the Interest paid on certified indebtedness.
- Enter the Certificate credit rate (xx.xxxx).
- Enter any other applicable fields on this screen.