Deductions & credits

bumping this since no definitive answer has been provided.

 

I've seen other threads suggesting that $0 or $1 should be entered in Box 2 for loans that had been refinanced/transferred, but that is not what my 1098's have in Box 2. I made sure to select the option that states that these loans had been refinanced, but it is still adding all the balances together as if they are each new mortgages. The only thing I can think of to do at this point is manually adjust the total home acquisition debt .