I refinanced a mortgage in 2020 and borrowed more than the older loan payout in order to pay off a car loan as well. I assume that the answer to the above question in my case equals the amount of the refinance loan, less the payout amount for the car. But TurboTax still thinks the interest I can claim is the full interest paid in 2023. In order to get the correct interest to reflect the "acquisition amount", I need to enter the acquisition portion of the remaining principle at the end of 2023 and not the acquisition amount at the time of the loan. This TurboTax question (and similar question on Fed Mortgage worksheet) is misleading. Am I answering this question correctly?
