- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Full mortgage interest deduction is not carrying over to Sch A
For the life of me, I can't figure out how to enter mortgage interest.
Home value is less than $750k. I itemize deductions.
Refinanced on 6/10/20. Received 1098 for old loan. Interest is $10,664.
On 7/27/20, mortgage was sold. Received 1098 for this interim loan. Interest is $905.
Received third 1098 from current loan holder. Interest is $7,835.
Total of $19,404. But Turbotax is only entering $10,822 on Schedule A.
As best I can tell, I qualify for the full interest deduction. What am I getting wrong, please?
ā€ˇFebruary 9, 2021
3:03 PM