@PMAK Same issue for me as well. TurboTax is adding up our refinances and listing the total amount as opposed to the average outstanding mortgage.
So for us, we re-financed twice - a 370k loan two times. Instead of TurboTax using the average of the mortgages (which should be around 365k), it has instead added all 3, and thus it is saying we had 1.1mil of mortgages, which leads to a significant chunk of our mortgage interest being phased out.
TurboTax had this issue last year and has stunningly not fixed it. It would seem they are royally screwing over a lot of customers, as I imagine most probably don't even pay attention to the details and notice that they are getting a much smaller return than they should be.
