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Mortgage was sold to another mortgage in 2020. line 2 shows outstanding balance on both totals over $750,000 wants to limit the amount of deduct.Correct Turbotax program?
Because my loan was sold i still only have the same house so turbo tax should not be adding these two outstanding balances together. When they do it looks like i have a loan over $750,000 which then puts me in another bracket. They now want me to do the limit the amount of interest deduction which is not correct. Can turbo tax be corrected before taxes are due?
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‎January 24, 2021
11:49 AM