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Mortgage Interest Deduction Limits
During Federal Review, I'm being flagged for Limits on my Mortgage Interest Deduction. If have three mortgage loan deductions. The third loan was a complete refinance of the second loan. In the Deduction and Credits section, I answered NO to the limitations question on whether my loans exceeded either the $1M pre-2017 and $750K post 2017 thresh holds. When I went back to the Deductions and Credits section, the program had changed my answer to yes. I answered NO again, but the same thing happed. Is this a flaw in the program? How do I deal with it?
‎February 13, 2020
12:38 PM