Same problem here. At no time am I asked if the home was refinanced on the first 1098 and I deleted both of the two that I originally entered. It's basically telling me that I can't deduct any of the interest on the second 1098 which I marked as refinanced. This new tax law is a nightmare. It should be simpler this this... I have been using TT for 20+ years and this is the first time it's not clear to me what I should be entering. There should be a question regarding refinance and what portion was not used toward the home itself and allow the user to enter it. I owed 183k, refinanced at 230k with 45k cash out after fees. This is confusing and apparently everyone trying to do refinance is having a problem with this software. Please advise.
