nnsquare
Returning Member

Deductions & credits

I understand that I can use zero as the mortgage balance for the months following he sale of the home since the mortgage has been paid off at the time of the sale. I can then manually calculate the loan average balance using the IRS's alternative method. But, how o I enter this manually calculated average balance in turbotax? How do I make turbotax use the alternative IRS method for calculating the average balance?