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Level 1
June 5, 2019
Question

HELOC partially used to buy condo. Primary home secures loan. Error CK - Deductible Home Mtg Int WKS: Fair Market Value of Home must be entered. Which Home?

  • June 5, 2019
  • 1 reply
  • 6 views

Turbo Tax Review/Error Check - Noted - Deductible Home Mtg Int WKS: Fair Market Value of Home must be entered.  What do I enter here.  The FMV of the secured/primary residence or the Condo that  was purchased with the Home Equity Line of Credit?


1 reply

MarilynG
Level 15
June 5, 2019

Enter the FMV of the home that secures the mortgage.

Here's more info:

https://ttlc.intuit.com/replies/3300473  

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