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loan deduction is not working correctly
I took a loan for 450k in 2018. This was transferred by the original lender in 2019 to another company (company 1 for which I have 1098). Then I refinanced with company 2 who held my loan for 3 months and then transferred it to a 3rd company who had the loan for 3 more months in 2019.
when I enter the 1098 information for loan deduction -the average loan balance is going over 450k and reducing my deductions instead of sticking with my original 450k (seems like turbo tax is calculating incorrectly) - need help.
‎July 12, 2020
12:34 PM