what is form 8396 mortgage interest credit 
form 8396 is an internal revenue service irs form used by homeowners to claim the mortgage interest credit the aim of the mortgage interest credit is to help lower income taxpayers afford homeownership you can only claim the credit if you receive a mortgage credit certificate mcc from a state or local government agency 1who can file form 8396 mortgage interest credit anyone who was issued an mcc from a state or local government agency should file this form in general an mcc is only issued to lower and moderate income individuals in connection with a new mortgage to buy a primary residence an mcc is issued under a qualified mortgage credit certificate program 2individuals who qualify can claim the credit each year using form 8396 for part of the home mortgage interest paid 2