Hi Vanessa. Because the Standard Deduction was wrongly calculated as higher, Turbotax didn't create a Schedule A at all for me.
After some trial and error, I was able to solve the problem as follows:
- Deleted the 1098 information that I had previously entered (so as to start with a clean slate)
- Entered my two 1098s (as issued by the Banks) with the older one first
- At this point TurboTax says that some items need to be reviewed
- Do NOT try to review and fix things yet
- Instead hit "Continue" or whatever lets you get to the next screen
- TurboTax gives a prompt stating that it calculated X as the deductible, but you can edit it
- Be absolutely sure that your numbers are valid (i.e. meet IRS criteria for deductible mortgage interest), and enter them
- Hit "Next" or equivalent
- Now TurboTax gives you the option of reviewing the 1098 forms again. Go ahead and enter the extra information requested by TurboTax
At this point, a Schedule A was created, and the values look good.
