@DianeW777 @terrypam12 @jlbrick
Hi Diane,
I don't think its helpful to just state categorically in multiple threads that "This does not appear to be a bug at this time." Several (close to a dozen) clearly sophisticated TT users have reported the identical behavior and I cannot imagine how many more have no idea how the mortgage interest deduction limits are calculated.
Your solution also does not solve a superimposed issue that is not handled by TT. Because home acquisition debt between $750k and $1M which is refinanced after the 2017 TCJA is subject to the $1M (rather than $750k) deductibility limit, there needs to be a way to tell TT that a given refinanced mortgage is 100% deductible even if its origination date is after 2017 and exceeds $750k. The most straightforward way would simply to link the original and refinanced mortgages - this would allow much more straightforward calculation of average mortgage debt balance (since these are non-overlapping debts in a refinance situation) AND would track the nature of the underlying debt in the refinance.
My point here is that multiple people are trying to tell Intuit/TT that there is a serious issue here and we would appreciate a more substantive solution than to fudge the numbers just because "in all likelihood you will not be asked to provide it later" as you write.
