Deductions & credits

@4Blakes 

 

Unfortunately, for me, when I zero out the outstanding balance (which I don't think you are supposed to do), while it maximizes my return, it incorrectly calculates my average indebtedness.

 

Per the IRS guidance, I do not believe you are supposed to zero out the outstanding balance line, at least from my understanding.  This is why it is imperative for TurboTax to fix this immediately.  It would seem to be a simple fix - entering a line of code that calculates the average of #s, based on months of holding, as opposed to adding them up.  At least, I would think that should be an easy fix.