Some TurboTax customers are experiencing the following error message when running the Federal Error Check
Check This Entry: Tax and Interest Deduction Worksheet: Limited Interest and Points must be entered
If you're experiencing the error above, please go here to receive email notifications when any updates related to this issue become available.
As a work around you can consolidate the 1098's and get an accurate result.
- Total all of the Box 1 Mortgage Interest received .
- Use the entry in Box 2 Outstanding Mortgage Principal from the most recent mortgage.
- Total all of the Boxes 4 & 5
- Enter only the most recent mortgage points for Box 6. (Any previous points will be deducted when those mortgages were closed.)
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