RichLeja
New Member

How do I enter a limit on the home equity loan interest?

I cannot find a place to input a lesser amount for the interest on a home equity loan.  The note on the program says that Home equity loans are limited to $100K.  But, my loan is more than that and - unlike the main home interest - I cannot find a place to change or in a limit of the interest (and deduction) to comply with this rule.  It would seem that entering an amount that entered an amount that is different that my 1098 would an unnecessary flag for the IRS.