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Get your taxes done using TurboTax
I, too, am having issues with the deductible home mortgage interest. I am limited because mortgage debt is over $750k. At this point, TT is calculating the correct limited amount of home mortgage interest, but does not carry the amount over to the Schedule A. Also, it does not include the "Deductible Home Mortgage Interest Worksheet" with the printed return. I can override the amount on Schedule A, but I get a warning that there is an error and cannot be E-filed. It seems that the solution is on the "tax and interest worksheet" where it asks of "Does your mortgage interest need to be limited?" "yes" box and "no" box. Even though TT calculated the limited amount of intersest, the "no" box is calculated and checked. The "no" box cannot be overridden or deleted, nor can the "yes" box be checked or overridden. I have spoke to 9 different TT support staff and it seems to me that I am the only preparer that is having this problem. HELP!