If you are using TurboTax for Desktop, you can review the calculations for the Mortgage Interest on a few worksheets using Forms Mode. In TurboTax Online, you'll need to print your return, including all worksheets.
Look for Tax & Interest Worksheet, and Deductible Home Mortgage Interest Worksheet. In TurboTax Desktop, the second worksheet is accessed by a QuickZoom box under Interest Deductions on the Tax & Interest Worksheet.
The Deductible Home Mortgage Interest (DHMI) Worksheet displays your entries for each mortgage, calculates the average balance, compares this to the limitations, then calculates the percentage that is allowable. Line 22 goes to Schedule A Line 8a.
Reviewing the entries on the DHMI Worksheet is the most efficient way to confirm you have answered the questions accurately and also why you may not see the interest deduction you expected.
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