I closed on a new home on 30 June 2020. The original lender sold the mortgage to the second lender and the acquisition date is 1 Sept 2020. I received two 1098s. Even after going through and answering the follow-on questions that have been quoted above (which didn't exist until this morning, since I spent two hours on the phone with TT yesterday without any solution), TT continues to force the addition of the two principals together to be in excess of $750,000. I would be better off if I simply didn't include the 1098 from the first lender; in fact my return would actually be nearly $1,000 more. Of course, I don't like to play around with the IRS and would prefer for my records to be accurate.
TT is going to be swamped with this kind of nonsense given how much people bought and refinanced this year if they can't give us the option to override their forcing us over the $750,000 limit.
