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Entering 2 mortgage interest deductions is leading to strange outcome in Turbotax
I have two mortgages interest deds, when I enter both (20k + 2k) the deduction seems to be halved (total ded = ~ 12.5k). When i enter just one ded (20k), total says 20k, Why?
The bigger deduction (20K) is from a 550k loan from 2017, the smaller deduction (2k) is from a 870k from 2020.
ā€ˇFebruary 3, 2021
10:55 AM