Hi everyone! Hoping that someone can give help give me some guidance or has a similar tax situation.
My wife and I are married, filing separately. We bought our primary home together in 2022, and have been paying the mortgage 50/50. Our original lender sold our mortgage to a new bank a month after our purchase. I received two 1098s for this, one for the original bank, and one for the new bank.
Separately from this, my wife owns a home she purchased in 2013, which she also received a 1098 for.
I'm running into problems trying to properly enter this using the desktop version of Turbo Tax Deluxe.
On my file, I entered the two 1098s for the home we purchased together. I'm taking half of the paid interest and points - she'll take the other half. There doesn't seem to be any issues for myself. However, on her file when I enter the two 1098s (listed as a primary home) and the 1098 for the house that she individually owns (listed as a secondary home) Turbo Tax seems to get confused and think that each 1098 is for an individual home. It isn't connecting the 1098s for our shared home together in any sort of way.
I've painstakingly followed each solve I've seen on here to no effect. I make sure to mention that the 1098s aren't a refi. I enter the original 1098, mention that it is not the current loan, enter the second saying that it's the most recent, entering the box 11 acquisition date, and turbo tax still sees it as a separate property. Then it asks me for the purchase date for each 1098's home (which is the same date because it is the same loan), then asks me to clarify on this screen (the PNC is for my wife's original house, the Prosperity is the original lender, and the Flagstar is the new lender):
Anyone have any similar situations or solutions? Greatly appreciated on my end!
