@JKL219 did you go through the whole interview for mortgage interest? Did you fill out the balance of the 1st mortgage became 0? Mortgage interest is not fully deductible for mortgages over 1mm.
Is your software fully updated?
If that doesn't work, make sure you go through the full home mortgage interview and enter the 1098 exactly how it was received for the first 1098. Then enter the 2nd one.
Home acquisition debt limit.
The total amount you (or your spouse if married filing a joint return) can treat as home acquisition debt on your main home and second home is limited based on when the debt is secured.
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For debt secured after October 13, 1987, and prior to December 16, 2017, the limit is $1 million ($500,000 if married filing separately).
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For debt secured after December 15, 2017, the limit is $750,000 ($375,000 if married filing separately). However, a taxpayer who enters into a written binding contract before December 15, 2017, to close on the purchase of a principal residence before January 1, 2018, and who purchases such residence before April 1, 2018, is considered to have incurred the home acquisition debt prior to December 16, 2017.
The limits above are reduced (but not below zero) by the amount of your grandfathered debt (discussed later).
Refinanced home acquisition debt.
Any secured debt you use to refinance home acquisition debt is treated as home acquisition debt. However, the new debt will qualify as home acquisition debt only up to the amount of the balance of the old mortgage principal just before the refinancing. Any additional debt not used to buy, build, or substantially improve a qualified home isn't home acquisition debt.
If you want to see all the further limits and calculations:
https://www.irs.gov/publications/p936
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