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Deductions & credits
Also having this problem: received 3 separate 1098s because of a refinance, followed by the sale of the mortgage, and TurboTax is aggregating the amount in Box 2 to put me over the deduction limit. IRS guidance seems to say that this mortgage balance should be treated as one average here, so I don’t understand why TurboTax can’t fix their system to recognize a single loan having more than one disposition in a year: refinanced, transferred, sold.
February 6, 2021
6:21 PM
3,019 Views