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Get your taxes done using TurboTax
I have been playing around with TT and the Schedule A mortgage interest deductions, something is still really broken with the mortgage interest deductions. I have (3) 1098 from 3 banks that total up to some $40,000 in mortgage interest and even with the SALT limit of 10k, TT will still use the 24k standard deduction and refuse to itemize. Going back and changing the values of the mortgage interest to absurd numbers like $150k to $300k does absolutely nothing, TT still refuses to accept those numbers and this is with the most current form updates from 2/1. I've tried entering the exact same thing in TaxAct online and got the itemized amount instead of the standard 24k deduction.
‎February 4, 2019
10:51 PM