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Deductions & credits
Sorry KathrynG3, that's not the point. What we're all complaining about it how EasyStep in TurboTax treats a _single_ mortgage, say $400000, that was simply sold from one lender to another lender during the year. This results in a 1098 form from _each_ lender, which, when entered into TurboTax, gets treated as 2 separate mortgages, totaling $800000, and consequently getting a totally wrong number for the interest deduction (since it was over the $750k limit).
Entering the data from *one* lender's 1098, but adding in the interest and property taxes paid from the other 1098, so the numbers are true and correct, results in a correct deduction in TurboTax, but then the tax return wouldn't agree with the data already reported to the IRS by the lenders.
Put simply: it appears that TurboTax has no way to indicate that ONE mortgage had TWO lenders during the year.