It does not address the issue I posted. As I mentioned, one mortgage was obtained in 2016 and the second home was obtained 6/2022. Still was over 1M for the last 7 months of 2022.
This is not the issue. The issue is, the system calculates as both loans were outstanding the entire year which is wrong. The system adds up both loans to 1.2M and applies the limitation. It does NOT account for the fact that the the large loan which put me over the limit was only outstanding for 7 months. So the first 5 months of interest from the first home SHOULD NOT BE limited. So again, the question is how to correctly calculate and input the average balance of the 2022 loan so the system calculates it properly.
