State tax filing

I'm also seeing errors in the California mortgage interest calculations.

 

My loan was refinanced and then resold.  This gives me 3 different 1098 forms.  When I enter the 3rd lender tax deductable interest, my California taxes increase for some unexplained reason.  I tested by entering a fictious 4th lender and my California taxes increased again by nearly $400.  

 

I reviewed the CA 540 result and see for some reason the line "Interest you paid" line 8a, 8e and 10 all have a value of $-4067 or $-7362.    (resulting in a $400 tax increase, or with the test 4th a $700 tax increase)

 

I cannot see why this number exists.  I cannot see any reason why paying addition interest (a tax deductible event) would raise my taxes (State only).  I can't see why a 3rd or 4th lending would change anything.


I think there is a serious error here