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Mortgage interests deduction not working for 2020, even with one original loan (1.5M).
I did a refinance in 2019 and entered the deduction limit manually. The 2019 result was transferred to 2020 return, and I deleted the original loan (copied from 2019) but then I am getting only 200 reduction in tax every time I switched from "original" to "refin" for the single loan I have. I ended up deleting all the loan and started again but TT didn't make any deduction.
This got to be a software bug as only for once, after I clicked done, a new option showed up. I can't reproduce the same option again with the exact same input.
This is very frustrating.
This got to be a software bug as only for once, after I clicked done, a new option showed up. I can't reproduce the same option again with the exact same input.
This is very frustrating.
Topics:
May 10, 2021
1:24 AM