Form 8396 Mortgage Interest Credit is separate from the Form 1098 you receive from your bank or financial institution for mortgage interest paid.

Form 8396 is for holders of Qualified Mortgage Credit Certificates issued by state or local governmental units or agencies. The certificate credit rate is shown on this certificate.

If you just have a Form 1098 and want to enter mortgage interest paid, you can enter your Form 1098 information using the following steps:
  1. From within your TaxACT return (Online or Desktop) click on the Federal Q&A tab
  2. Click Itemized or Standard Deductions to expand the category, then click Interest expenses
  3. The program will proceed with the interview questions for you to enter or review the appropriate information

If you have a Qualified Mortgage Credit Certificate and need to complete Form 8396:

  1. From within your TaxACT return (Online or Desktop) click on the Federal Q&A tab
  2. Click Other Credits to expand the category and then click Mortgage interest credit (must have a Mortgage Credit Certificate)
  3. The program will proceed with the interview questions for you to enter or review the appropriate information

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