That is correct because box 2 has either the outstanding balance on 1/1 or the original balance when the mortgage was obtained in 2020. It cannot be zero.
As others have said before you have to combine everything into one 1098, and only have the box 2 balance as the sum of mortgages open on 1/1 (do not add a mortgage box 2 that was opened later in the year if it 'paid off' a previous one (or more).
Or
TT needs to be fixed so it asks you if a loan was paid off in the year so they are ignored when adding up total debt.
i had 2 mortgages that were paid off with a new one. At the beginning of 2020 i had 2 mortgages, at the end i had 1 new one, and TT never asked me if either of the older mortgages were paid off so it thinks all 3 are still active and adds all of the debt from all 3 of them if i enter them all separately as i have to enter value from box 2 for the active mortgage that didn't exist on 1/1.
