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February 9, 2021
Question

Why isn't the total mortgage interest being added together from all 3 of my 1098 forms and deducted from my tax liabilities?

  • February 9, 2021
  • 1 reply
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This was from a refinance this year and mortgage was under 500k and no money was taken for other purposes.

1 reply

February 9, 2021

Some TurboTax customers are experiencing an issue with their Home Mortgage Average Balance. This can cause 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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takisi1Author
February 10, 2021

 This apparently was an issue last year and it should NOT have been bug this again this year.  Any ETA on the fix??  Thanks.

February 10, 2021

Here is the information on how to enter the forms in TurboTax.

 

1098 Mortgage Interest

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