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Refund went down after entering 1098 for a sold property
Hello!
Last year I sold and then bought a new property. Both were used as my primary home. I have two 1098s for my current/second property (mortgage was sold to another lender) and a third from the first property. I put in the two 1098s from my current property and TurboTax was showing a nice refund. When I put in the third 1098 from the property I sold, my refund went down significantly even though I paid a substantial amount of interest last year.
Also, when I look at the breakdown of my deductions, the amount shown for Interest Paid is less than the sum of the interest I paid according to my three 1098s.
What's going on here?
Topics:
‎February 20, 2022
2:40 PM