mrty23
New Member

Deductions & credits

Hey did you finally figure this out. I am running to the same issue using the IRS worksheet. The problem is that since you bough the second home in the middle of the year but you paid much less intersest on it but in the average balance calcualtion you are entering the both full amounts thus diluting the interest paid on your first home. 

I read through all these comments from the so called experts and no one seems to understand this.