I have reviewed the file. The program was showing a "no" answer to the question as to whether all of the loan proceeds were used for purchasing or improving the home, so there was zero deduction. Changing that question to "yes" produced a deduction based on the $750,000 limitation for post-2017, which was almost enough to exceed your itemized deductions, but not quite.
If your loan was a refinance of a loan taken out before the law changed the principal limit to $750,000, see below. You can enter a 1098 as if one was received for the original loan amount and origination date and show $1 of interest, then enter the current one as a refinance of that one in order to get the $1 million debt limit. Or, show the refinance as having the origination date of the original loan. The origination date you used was in 2021, so it used the $1,000,000 limit.
What if I refinanced?
If you refinance debt, the loan limitation is based on when the loan was originally secured, and not when the loan was refinanced.
Any secured debt you use to refinance home acquisition debt is treated as home acquisition debt. However, the new debt will qualify as home acquisition debt only up to the amount of the balance of the old mortgage principal just before the refinancing. Any additional debt not used to buy, build, or substantially improve a qualified home isn't home acquisition debt.
Examples:
Susan secured a $1,000,000 loan to purchase a home in July of 2017. She refinanced the loan in July of 2019 when the loan balance was $950,000. Susan's new refinanced loan has a loan balance of $950,000. She does not have a loan interest limitation as her loan was originally secured to buy the home before December 15, 2017.
George secured a $750,000 loan to purchase a home in January of 2019. In August of 2019 George refinanced the home when the loan balance was $740,000. George obtained a new loan for $800,000 to refinance the outstanding home loan, but uses $60,000 to pay off credit card debt and for closing costs on the refinance. George would be limited to deducting only interest paid on $740,000 of debt.
For more information, please refer to IRS Publication 936.
@krisbhandare
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