- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Was asked to enter value for 'LImit /int points on 1098' with error 'Tax and interest deduction worksheet: limited interests and points must be entered'
I have refinanced twice for my primary home in 2019 and principal amount was around $500K each time. In total I received two 1098 form of mortgage interests total about $20k.
Earlier I had no problem entered the info and saw the deduction, later on after I ran the smart check, turbotax required me to enter 'LImit /int points on 1098' with error 'Tax and interest deduction worksheet: limited interests and points must be entered' and I was confused and entered '0', which made my mortgage interests no longer deducted from the application. I have tried removing all 1098 forms and re-entered again but it didn't help.
I have followed the steps to entered my 1098.
Any idea how can I fix this?
Thanks in advance!
Topics:
‎February 20, 2020
4:44 PM