Hi All - been struggling with this for countless hours.
I had an original mortgage taken from Lender 1 in in 2019 when I bought a home.
In Aug 2020, I refinanced with Lender 2. I paid about $7K in mortgage interest on this 1098. Also, At the the time, I paid points of approx. $1000 which I only just realized now (not claimed on prior returns - only interest was claimed), and which is not reflected on the actual 1098s (my lender gave me the figure from the relevant closing disclosures).
In Feb 2021, I refinanced with lender 2 again. I paid about $38K in mortgage interest on this 1098. No points paid this time.
In Sep 2021, I refinanced with lender 2 yet again. I paid about $11K in mortgage interest on this 1098. No points paid, once again this time.
So, for Tax Year 2021, I have three 1098s, all from Lender 2. Total of $58K in interest paid in 2021. And $1K in closing costs paid in 2020 (not claimed).
The question: How should I address my situation with TurboTax? I tried several suggested solutions here, from combining into a hybrid 1098, to leaving 3 separate 1098s with balance entered s 0 or 1, and entering the data as is from the 1098s, etc. The result is a widely varying amount for total itemized deductions, and a tax bill that varies by $12K+ for me. So I am left with a lot of anxiety and nervousness about how to how to pay, whether to extend my filing date, etc.
Any help will be greatly appreciated. Thank you!
