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Deductions & credits
I have an original loan started in 2016 greater than $375K. Ist loan was sold in March 2020 to Company B. I refinanced in April 2020 (company C) and again in October 2020 (Company D). I have Four (1098s). Turbo Tax says to combine the loan and put them on one line. I paid $15K in interest and it is limiting me to ~$7300 deduction
Questions is what do I enter. What company name? Turbo tax states to get a calculator and add all the interest together. I have no points paid. What company name do I use? Just A or ABCD or two line lines with AB and CD companies together. Instructions are confusing.
Any help is appreciated.
‎February 23, 2021
4:30 PM