DawnC
Expert Alumni

Deductions & credits

Check your Deductible Home Mortgage Interest Worksheet.   TurboTax may be limiting your mortgage interest more than necessary.   When multiple mortgages and refinances are entered, the average mortgage balance does not always get figured correctly and this causes you to not get the full deduction that you qualify for.   Try entering the mortgage statements as described in the link below.   You will most likely see an increase to your mortgage interest deduction in TurboTax.   

 

What do I do if I have multiple 1098s from refinancing my home debt?

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