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March 26, 2021
Question

I paid over $14k in mortgage interest. However, when TT goes to calculate my Standard vs. Itemized, it is showing less than $8k in "all deductible interest" - why???

  • March 26, 2021
  • 1 reply
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1 reply

fanfare
Employee
March 26, 2021

what did you tell turbotax you used the loan proceeds for?

conrathAuthor
March 26, 2021

There wasn't a spot to do that- just filled in the 1098 info. I had 3 1098s given I refinanced and mortgage was then sold to another bank. That said, the 8k it pulled over didn't match up with any combination of them.