The accepted solution may not work to properly do the calculation.
Scenario: You get two 1098s for Two Mortgages that you picked up in 2021.
Mortgage 1 - Primary Home
- Acquisition Date: April 1, 2021
- Loan Amount: 600K
- Interest Paid: 9500
Mortgage 2 - Second Home (Still deductible)
- Acquisition Date: August 1, 2021
- Loan Amount: 500K
- Interest Paid: 5500
If you combine both of them into one 1098, what about Mortgage Acquisition Dates, for the worksheet to calculate properly, and since total Loan is over 750K..
I spent two hours today on the phone with an agent / escalated to another supervisor.
The agent I spoke to confirmed that she escalated with "TIER 2 SUPPORT" and confirmed that there is an investigation in place to fix this issue, and that I will receive an email when they fix it.
Please escalate and ask Turbo Tax to fix this.
