Deductions & credits

Due to the issue with the maximum loan amounts it's important that all the information is entered as you go through the mortgage interest (Form 1098) screens. I'm not exactly sure of your total loan amounts so I will share my example with the information I entered. TurboTax does come back around to ask questions about the mortgages after the initial entry.

1. Enter 1098-1 for the home that was sold
   1. Loan is secured by the property
   2. It is the primary home
   3. No points were included in my example
   4. Yes this was most recent loan
   5. Yes this was the original loan
2. Enter 1098-2 for the new home after moving
   1. Enter the acquisition date
   2. Loan is secured by the property
   3. It is the primary home
   4. No points were included in my example
   5. Yes this was most recent loan
   6. Yes this was the original loan
3. Both Forms 1098 'Needs Review'
   1. Select each one and answer the questions 
   2. For the first loan taken out before December, 2017 answer Yes and fill in the date you purchased the property secured by this loan.
4. See the images below for assistance.  

Please update if you need further assistance. Also see the worksheet in IRS Publication 936, page 12. If necessary you can complete this worksheet, then enter the correct total mortgage interest.