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Deductions & credits
I agree with all of the posts - this is terrible and turbo tax should be ashamed!
The fix posted below by VictoriaD75 works - but only people who have a pretty good understanding of taxes would even know to look for the problem. I guarantee there are a lot of returns already completed that are wrong and the taxpayers don't even have a clue.
Iv'e been using turbo tax for a long time and have been really pleased. But this really makes me mad.
Again, turbo tax should be ashamed!
Art
There is a workaround for this.
For desktop versions:
- In Forms view, locate and click on Tax & Int Wks on the left from the forms list
- On the form, scroll to Mortgage Interest Limited Smart Worksheet
- Click on NO to the right of the question, Does your mortgage interest need to be limited
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March 23, 2020
2:50 PM