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Deductions & credits
I do have a second 1098 from refinance, but I did not report it because TurboTax cannot handle 2 1098 at this time (see this thread https://ttlc.intuit.com/community/loans/help/what-do-i-do-if-i-have-multiple-1098s-from-refinancing-...)
I manually merged the two 1098 forms and typed in only one.
> Did you list equity debt in addition to your original loan debt?
so no I did not. Also not sure if the refinance counts as home equity or not.
Even if this does not count and I should not get any extra deduction, it's odd that the final forms included a "Deductible Home Mortgage Interest Worksheet" for my California return, which calculated a higher deduction, yet does not use the value anywhere.. Is there a way to fix that odd form?
March 21, 2021
9:03 PM