Having the same issue as well. Notice that the issue is that TurboTax is ADDING the refi mortgage balances together instead of taking an average. This is causing the mortgage interest to be phased out for me, when it shouldn't be.
I re-fi'd a 370k mortgage twice (married filing separately). It registers my mortgage debt as over 1mil, when it was in fact never over 370k. I notice on the Home Deduction Worksheet, it adds the 3 mortgages together. The same issue is true for BOTH the federal and the California worksheets.
Doing a search on TurboTax's forums, it appears many people have had this issue, but TurboTax STILL hasn't resolved it, despite it going on for a year?
