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TurboTax Premier 2021 Mortgage Interest Deduction Error
I just started entering data into Premier 2021, and the deductible mortgage interest worksheet is double counting the interest entered from the 1098. Limited interest is calculated on line 16 and then the original interest is incorrectly added to it on line 17, resulting in almost a doubling of the allowable deduction entered on Schedule A. Boxes on the limitation worksheet are also either not checked or incorrectly checked given what was entered on the screen prompts. This section of the code needs to be fixed.
‎December 10, 2021
4:50 PM