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Deductions & credits
Yes, the 1098 does not provide enough information for the TurboTax program to make a definitive diagnosis, so this screen is provided to verify the amount of home mortgage interest you are allowed to claim on your tax return.
Often this occurs when there are multiple 1098 forms involved. Besides the limit on mortgage debt, the debt must have been used to buy, build, or improve the home it is secured by.
Please click here for more information from TurboTax
Please click here for more information from the IRS
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‎January 26, 2021
7:32 AM