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Deductions & credits
RESOLVED: Spoke with Turbotax CPA today, 2/22. Due to Turbo coding issues that create issues with multiple 1098s, the solution was to combine all 1098s into one with the a lender name of "MULTIPLE," and delete the other 1098s in the software. Combine all of the interest paid and enter that into for the "MULTIPLE" 1098. For the origination date and loan amounts in "MULTIPLE", enter whatever the latest 1098 was in 2020. This worked on my end with the Turbotax CPA, who said this was how they used to do it before the software listed each individual 1098. If you're ever audited, you can show the actual 1098s and how, altogether, got you to the "MULTIPLE" total.
‎February 23, 2021
8:32 AM