- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Ok I entered the information as described. In looking at the Interest worksheets it's adding the two mortgages together and then limiting the amount of interest I can take (because the combined mortgages are over 750K). Do I need to treat the first mortgage as being paid off? If so what happens to my points that are being spread over the life of the mortgage?
March 16, 2021
4:52 PM