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Deductions & credits
Hello,
I had originally purchased my home in Feb 2017. I had re-financed my loan last year. While entering the 1098's in TT I am not getting the entire deduction. It is only giving me a "portion" of the interest paid towards my deduction. As a result of this my taxes are increasing by approx. 4K.
My outstanding loan balance is $765,000.00.
Any idea on how to get resolve this?
I am kind of glad that tax filing deadline has been pushed to May 17th. Maybe TT will FIX this issue by then.
Thanks for your help and guidance.
‎April 12, 2021
10:04 AM