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.