Are you working on your 2022 tax return? If so, you should enter only Forms 1098 that are dated for tax year 2022.
Other items to check:
1. If your loan was sold to a new lender, be sure you mark the 1098 for the old loan as "not the most recent." Mark the 1098 for the current lender as "most recent."
2. Confirm that all 1098's are marked as secured by your main home and all proceeds were used to buy/improve that home.
3. After you enter all 1098's, click Done at the bottom of the mortgage summary list and answer all questions until you are taken back to the Deductions & Credits screen.
4. If your mortgage interest is being limited, TurboTax will provide you with an opportunity to enter the amount of interest you have calculated and wish to deduct. This overrides the interest calculated by the program.
Finally, TurboTax uses the average of first and last mortgage balances. You may find a better result using one of the other average mortgage balance calculation methods mentioned in IRS Pub 936 under Average Mortgage Balance.
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