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Deductions & credits
I'm sorry, this makes no sense at all. The interest limitation for me is grandfathered at $1,000,000. Why does TurboTax say to add all the 1098's together, now you tell me to separate them? Since the the first refi is paid off why can't those points be deducted fully? Why does it matter if the same lender or multiple lenders. This is an entirely different mortgage with different mortgage points and the time frame starts over with a new 30 year mortgage. This is extremely confusing. I wish there was a place to complain about this, as the community board is not appropriate. I am so done with TurboTax ever since the $1MM limitation changed to 750K TurboTax has made many mistakes and now I am being audited due to malfunctions in the software. I still cannot figure out how to do this correctly and the IRS is now on my back. Wow!