This really needs to be fixed by TT. I'm very disappointed.
I've spent over 2 hours now trying to figure out the correct way to enter 3x 1098s:
- paid interest up to April on my old house. Sold that one in April (1098 from 1 lender)
- bought a new place in April (1098 from 2nd lender)
- refinanced in December 2020 (1098 from 3rd lender)
There is ZERO help I can find on how to enter 2x 1098 for a house sold and one purchased. If I enter the box 2 amount from both 1098s (old and new property) it restricts the interest deduction as it thinks the total mortgage was >750k. If I enter zero, I get an error message (zero value not allowed).
How in Charlie heck do I enter this correctly ?!
Gonna post this question separately...hope someone replies
