In my 1098 row 1 has total interest on principal of more than $1M. The row 6 has the points, but they are already pro-rated for $750,000 limit by IRS.
Now on Schedule A Deductible Home Mortgage Interest Worksheet in Turbotax., the interest and points are summed up and again pro-rated for $750,000 limit.
This means my points are pro-rated and reduced two times. Is there a way to avoid this in turbotax? I asked my mortgage lender and they said it is standard practice to pro-rate points but not total interest. Moreover I don't see an option to add "Points paid in 2020 not on 1098" in the software?
