Thanks for your response JohnB5677!
I get an error from TT saying, "Outstanding mortgage principal must have value " when I entered 0 to paid of loan 🙄. I updated to 1 as well but still the txa difference jumps by $1400.
I think TT should include a checkbox that says this loan is paid off on the form and use that for calculating overall mortgage principal. This'll allow TT to do sum of all mortgage entries and provide accurate information thus avoiding such errors.
These forms are meant for dummies and I consider myself very proficient with software applications, if it trumps me I can't imagine how many others are unaware of these issues. A person simply entering information from 1098 may not know the impact on their returns due to this gltich.
In addition, I tried multiple combinations in my test. TT offers wrap up sheet once all 1098s are entered, I think it's supposed to do the calculation I referred above and in your reference. Confident to say it's not calculating correctly and is buggy. I remove second 1098 and the tax due changes significantly.
Thanks again JohnB5677!
