DMarkM1
Expert Alumni

Deductions & credits

Typically this mortgage interest limitation is corrected by selecting "NO this is not the latest 1098 on this loan" for the first two 1098s and then "Yes, this is the latest" on the most current 1098.  Basically this will tell TurboTax to ignore the loan amounts on the first two as all of these 1098's are the same loan (the current one).  

 

Since the loan is under $750,000 and all used to buy, build, improve your home that secures the loan all of the interest will be deductible. 

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