Deductions & credits
Ok, I see the answers were done correctly in the Step-By-Step input but did not carry to the worksheet correctly.
The Home Mortgage Section seems to hang on to previous answers. You can delete the second 1098 and re-enter it or follow the steps I took to remedy the problem.
I'm on a PC so hope you see things the same as I do.
Switch to FORMS (top right corner on PC, Left top on MAC)
Scroll to "Home Int Wkst (XXX)" for the second home
The worksheet should show on your screen "Home Mortgage Interest Worksheet"
Go to the "Home Mortgage Interest Limitation Smart Worksheet" under line 13
B was checked NO for "Was this loan the result of refinancing a previous loan?
Change that to YES
C was checked NO for "Were all loan proceeds used to purchase, build, or improve the home secured by this loan?'
Change that to YES
Since the loan balance is over the limit, the interest will be somewhat limited.
