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Deductions & credits
I did not refinance recently. I had only one 1098 and that is what I said. but when I went to the worksheet, it seemed to have two numbers, the one I entered as the current balance and a higher number, the origin of which I am not sure of. I found a different article that said that 2 years ago (!!) there was a bug where it would take the original and the refinanced amount and sum them together and then declare you get little or no benefit. I cleared the other number out, but the amount shown as the interest deduction only went up a tiny amount. I finally overrode the actual entry, but I'm wondering why this should be necessary.
March 17, 2024
10:51 AM