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Why isn't my 1098 mortgage interest showing on Schedule A?
Why isn't my mortgage interest showing up on the Schedule A form for itemized deduction calculations?
My loan for my primary home was originated in 2021. It is a refinance and no money was taken out during the refinance - it was a refinance purely to reduce the mortgage rate. Loan amount is approx $317,000 and interest shown on the 1098 is approx $5,700. I have entered all of this info into the interview questions but when I go to the forms view, the interest showing on line 8a is zero. Why isn't it showing the interest paid? It should be used in the calculation of the total itemized deduction amount.
I'm using the mac desktop version of turbotax.
March 26, 2023
11:00 PM