In 2022 I bought a new house and rent my previous home out for ~3 month. So I have two 1098s.
I'd like to deduct mortgage interest for the rental, so I started with schedule E in Turbotax by entering the interest. Let's assume this is $10000. Turbotax then correctly allocates the interest by days rented out. Let's assume $3000 in schedule E and $7000 goes to schedule A.
Now I have another 1098 that has mortgage interest let's assume $10000, but the loan is after 2017 and over $750,000, so it's correctly adjusted let's say $8000.
Now on schedule A Turbotax adds the $7000 (from schedule E) and $8000, and says the deduction is $15000. But it seems to me that $7000 should also be limited by $750,000 loan thus should not be added.
Is this a bug of Turbotax? or am I missing anything?
