I've read many threads on the multiple 1098 issue/bug, but combining the two 1098s does not seem to work.
Home was purchased in August 2017 (>$1M)
Refinanced in 2020, then the loan was sold to another lender in 2021 after making one payment
Received two 1098s: lender A (2020 refinance) and lender B (sold to in 2021)
I tried to combine box1 from both 1098s to the most current 1098, and it seemed to work. But then I put the loan balance on Jan 1, 2022 (>$1M) and original loan date (Aug 2017), the mortgage interest disappears from my itemized deductions. Now, TT thinks taking the standard deduction is better and I owe a lot more taxes.
This seems like a simple and common situation as many people were refinancing in 2020 and 2021. Any thoughts or suggestions on how to get the correct mortgage interest deduction from the two 1098s in TT?
I'm using the web version (TT Premier). Thanks in advance for the help.
