Deductions & credits

Hi Cynthia,

  Now that I have reread your answer I'm still confused. The issue some of us are having is that TurboTax is not correctly reporting the average balance of our mortgages. This is my problem - I refinanced a loan, but TurboTax is showing my mortgage balance as the total of the loans instead of the average, thereby cutting my deductible mortgage interest in half. Wouldn't adding all of the 1098s together result in the same problem?