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Is there another patch on mortgage interest to correct the algorithm. The system is still adding my balance together even when they prior 1098 is marked loan paid off
I have 3 1098's. Original loan, servicing change and a refinance. The worksheets show that the system is adding the 3 balances together making the total avg balance in excess of $750k and therefore limiting my interest deduction. The update did not correct this issue.
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ā€ˇFebruary 12, 2021
5:14 PM