In 2020, I had 2 loans and two 1098s on 2 homes. One from prior to 2017 and one from 2018. The average balances add up to more that $750k. Let's say total interest as an example is $30k. During the interview, TT says "Contrats, you get a tax break. You're getting a deduction of $23k for the mortgage interest you paid." This number matches the number calculated in Part 2 of the Deductible Home Mortgage Interest Worksheet. That is great, and it clearly limited the interest to come up with this answer. However, when I go to Schedule A, Line 8a, it has put the full $30k deduction there. When I look at the Mortgage Interest Limted Smart Worksheet, it has the NO box checked for "Does your mortgage interest need to be limited." Why--it should be yes? Why does it say one thing in the interview which appears to be right, and then not put the calculated number in Sched A? This seems to be a bug.
