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February 4, 2021
Solved

I have 3 1098s from refinancing during the year. TurboTax sees them all as not paid off, and won't deduct the full interest because total balance too high. How to fix?

  • February 4, 2021
  • 1 reply
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I've checked the box in the interview that the loan was paid off or refinanced during the year, and that box is correct on the TurboTax worksheets.
Best answer by DaveF1006

Some TurboTax customers are experiencing an issue with their Home Mortgage Average Balance. This can cause in the the Home Mortgage Interest to be incorrectly limited.

 

If you're experiencing  the issue above,  please go here to receive email notifications when any updates related to this issue become available.

1 reply

DaveF1006
DaveF1006Answer
February 4, 2021

Some TurboTax customers are experiencing an issue with their Home Mortgage Average Balance. This can cause in the the Home Mortgage Interest to be incorrectly limited.

 

If you're experiencing  the issue above,  please go here to receive email notifications when any updates related to this issue become available.

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