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I have three 1098 for my home. 1st the initial loan. 2nd a refinance of the 1st loan. 3rd from refi resale to another lender. The 3rd 1098 zeros out the deduction. Why?

It's like turbotax can't handle three 1098 forms. It's fine with two. When I add the third, it zeroes out the savings in the calculator. I might as well do this by hand instead of using the software.
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3 Replies
DavidD66
Expert Alumni

I have three 1098 for my home. 1st the initial loan. 2nd a refinance of the 1st loan. 3rd from refi resale to another lender. The 3rd 1098 zeros out the deduction. Why?

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I have three 1098 for my home. 1st the initial loan. 2nd a refinance of the 1st loan. 3rd from refi resale to another lender. The 3rd 1098 zeros out the deduction. Why?

I was notified that an update has been made. Unfortunately it did not actually solve the issue. The software still cannot handle three 1098 forms correctly.

MarilynG1
Expert Alumni

I have three 1098 for my home. 1st the initial loan. 2nd a refinance of the 1st loan. 3rd from refi resale to another lender. The 3rd 1098 zeros out the deduction. Why?

TurboTax can handle entry of Multiple Mortgage Interest statements.

 

Be sure to read all the info on the screens. 

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