- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
2022 Tax Deduction on Refinanced Mortgage
I refinanced primary home mortgage of around $850K. Premier desktop seems to think the interest should not be deductible. I understand the tax law changed, but isn't deductibility based on the original loan date, not the refinanced date? If I enter the refi date (from the 1098), I get no deduction. If I enter the original loan date, I do get the deduction. Is the system just wrong or am I misinterpreting the tax law?
‎February 20, 2023
8:29 AM