wc6a
Returning Member

Deductions & credits

How should this be entered for multiple 1098s NOT for the same home (ie Home A is sold in April 2023 and home B is bought in June 2023). As others, when I enter the ending principal amount for Home A (as instructed by the software) - $753000 - and the current principle for home B -$565000- TurboTax erroneously sums the principal amounts together and limits the interest deduction amount by more than it should.