More on the problem: I found the issue is that the Schedule A Deductible Home Mortgage Interest Worksheet did in fact add the two mortgage values together assuming both loans were held for 12 months. However, the first loan was held for 4 month in 2022 and the second was held for 7 months, and they were not concurrent. Thus the correct calculation would be = ((Loan 1 amount * 4 months) + (Loan 2 amount * 7 months))/11total months. Now that I know this, I tried to change the form, but TT would not allow it. They need to fix their algorithm.
