If you have checked for updates in the TurboTax software, and the work-around posted by jchaule above doesn't resolve this experience for you, you may need to manually enter the amount using Forms Mode. (Note: This is only available in TurboTax for Desktop.)
- Open your return and click the Forms icon in the TurboTax header.
- Look for Tax & Int Wks in the left column. Click the form name to open it in the large window.
- Scroll down below Line 4g to the Mortgage Interest Limited Smart Worksheet.
- First, confirm that No is checked on the line "Does your mortgage interest need to be limited."
- Then, enter the amount of allowable interest from Form 1098 on line A2 (the font should be blue).
- Now open Schedule A and confirm the correct amount of interest appears on line 8a.
When you are done, click Step-by-Step in the header to return to the main screens and save your return.
If you are using TurboTax Online, your best option is to delete the 1098 you have entered, exit TurboTax, then log in and re-enter Form 1098. Be sure you complete all steps in the 1098 interview, including those after you click "Done" at the bottom of the 1098 summary page.
@jbpjr
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
