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Deductions & credits
Thank you so much for your reply. After 6-7 back and forth with several T Tax experts, your response finally addresses the problem. The most important thing here is for you to raise the issue to higher levels within Turbo Tax so that the online version can be properly updated to handle the situation where there is no form 1098 for reasons other than because it was a seller financed loan. There needs to be a button added which can be selected for this so that the mortgage interest expense ends up on line 8b of Schedule A without having to select a box that says it was seller financed. Thank you
‎February 21, 2023
9:21 AM
606 Views