This doesn't answer my question. Turbo Tax is combining mortgages when you refi and limiting the amount you can deduct. Of course the loan is secured by the property. That is not the issue here. There is a problem with the software and many more people are having this issue. If your loan is sold or you refi., it automatically adds us the loan amounts and if it is over $750,000 it limits your interest deduction. My loan is only 532,000 but the stupid software doesn't see that. So many others are having this issue too. They need to fix it!!!!!!! I refuse to pay thousands more in taxes then I am supposed to because of their mistake. I'm not using Turbo Tax this year even though I paid for it already. I just bought H&R Block and will use it from now on if theirs doesn't have this issue. I've used Turbo Tax for over 20 years but this is unacceptable!!!
