I thought that I am the only one having trouble with getting the mortgage interests correctly entered. TurboxTax should be ashamed of itself to have such a bug that could be fixed easily. As I looked into the worksheets, I found that Turbotax basically add the two mortgages together to come up with the average running mortgage of 2020 for you even the two mortgages did not exist at the same time. A simple fix would be to do a weighted average (based on the months of the two mortgages reported). Hope that Intuit will get this bug fixed soon. As the time being, if you have the same issue as I have (one loan of about $700k for 7 months that is refinanced down to $500k for the rest of the year, which was calculated as an average of $1.2mil now, totally wrong) , two solutions could get this resolved: 1) put all interests into one 1098; 2) overwrite the Turbotax calculated "deductible amount of interest" in the "Tax & Int Wks" with the correct amount of combined interest on line "Limited Amount to Report on Sch A, line 8a".
Again, I hope that Intuit's technicians see this discussion and get this bug fix soon.
