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Deductions & credits
The advise to zero out the outstanding principal doesn't hold water. TurboTax won't let you enter a zero value in that field. The problem is that TurboTax is not recognizing the pay-off date is within the tax year and entering zero principal balance on the mortgage interest worksheet which we are no longer allowed to edit. Way to go Intuit! Something so simple that has worked for years broken by outsourced coding once again!
‎February 7, 2021
10:36 AM