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.)
Yes you should state that the amount is different since you are adding new 1098 amounts to the balance. Your comment may read Consolidation of 1098 reports.
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