If your deductible mortgage interest is being limited due to the $750,000 limit in place for loans after December 15, 2017, TurboTax will automatically calculate the deductible portion of your interest.
In addition to entering Form 1098, you will also have to enter your loan balance as of January 1, 2022. TurboTax will then calculate the deductible interest based on the average loan balance for the year.
