bskerr2018
Returning Member

Deductions & credits

The bug needs to be fixed...this is NOT a problem in your other software, ProSeries.   In my case I had 3 different 1098 forms (2 different mortgage refi's in 2020 on the same property as interest rates continued to go down) and it incorrectly assumed one of then was not paid off, although all the data requested on mortgage origination dates, payoff dates and outstanding balances was entered exactly as requested on the input screen.   Now, in reality, unless you have a mortgage balance of greater than $750K the IRS does not care how many 1098 forms you have from multiple lenders if the mortgages are secured on the property...so just lump all the interest paid altogether in to a single entry.   That is the solution but the bug still needs to be fixed or have the data entered in a different way for those who have mortgages of under and above $750K.