Under California Home Mortgage Loan Balance Information the Home Acquisition debt number is wrong.
It prefilled Home acquisition debt of $400,000. That was last year’s number. This year I took out money from an existing HELOC and used $50,000 for home improvements.
However Turbo Tax says that my total home acquisition debt at the end of the year is the still ($400,000).
I understand that that number cannot be changed int the State portion of Turbo Tax
How do I change that number so that it is correct? (i.e., $450,000).
