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Deductions & credits
Please, I also need help figuring out how to input four 1098 forms that I received for 2021 (all from different lenders), as TT seems to be adding them but they are all for my primary (only) house and I only had one mortgage at a time. During 2021 I did a cash out refinance of an existing mortgage, then the refinanced mortgage was transferred to a new servicer. Then I did one more refinance (NOT cash out) to bring the rate lower. 1098 #1 was from the existing mortgage that I had during the first part of the year (box 2 $692K), #2 was for the cash out refi (box 2 $780K), #3 was for the transferred loan (box 2 $774K), and #4 was for the second refi (box 2 $775K). The total interest across all of them is ~$25K. $15K of the ~$80K cash out was spent on home improvements. I get that some interest will not be deductible due to the $750K limit and cash out, but TT is acting like none of it is deductible. How do I enter these properly? Thanks in advance!