whlkng
New Member

Adding 2nd 1098 mortgage interest is increasing the amount of taxes I owe... this makes no sense! If I put the total under 1 1098, taxes are drastically lower. Bug???

I entered the 2 1098s into Tax Act and amount due decreased after each one like I expected.  In Turbo Tax, enter first and it decreases.. enter the 2nd and it jumps back up to where it was before the first one.  It has never done with before and I have take no money out during the refinance and I am under the $750,000 limit.