- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Token Number: 714711
Turbotax 2020 for Mac (CD/Download)
Application: 2020.r14.034
Build Date: Jan 23, 2021 at 10:12:48 AM
Note the error on the "Deductible Home Mortgage Interest Worksheet" where a mortgage held from January through mid-February is listed as having "12" Months loan oustanding.
Even if I override this "12" into a "1" or "2" the "average balance of debt acquired after December 15, 2017" is computed as a simple sum of the "average balance" of each of the two mortgages.
In reality, I only held both mortgages simultaneously for 7 days, so the "average balance of debt acquired after December 15, 2017" should be only slightly more than the sum of the "average balance" divided by 2.
‎January 27, 2021
9:15 PM