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Multiple 1098s not from refinance
I received multiple 1098's from lender sales and turbo tax is automatically checking yes to "loan refinanced in 2022 with a new 1098" during the smart check.
When I check no to "loan refinanced in 2022 with a new 1098" and no to "was this loan the result of refinancing a previous" loan for all of my 1098s my mortgage interest is reduced by half from the mortgage interest limited smart worksheet. The mortgage is under $750k and the mortgages were used to buy the home that secures the loan. I do cannot find the reason the adjustment is being made to the mortgage interest limited smart worksheet.
March 6, 2023
7:56 PM