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Deductions & credits
I'm not sure which boxes you need from my 1098s but I have a total of $494,013.40 in outstanding mortgage principal between our originating loan and a HELOC (both pre the 2017 cut-off), $17,653.61 in paid interest, and a home value of $725,000. The federal and state limit shouldn't have anything to do with our issue here, given the home value amount. I redid the state again to try and get it to recognize the changes you mention in your follow-up message and still get a negative adjustment in the amount of -13,018.
Any thoughts?
And thank you for your messages. I didn't get a notice that there were new ones but I sincerely appreciate your time and will check in soon.
‎February 10, 2020
11:02 AM