Hi,
We bought a house in April 2024. The total loan is $1,120,000. Form 1098 from the lender shows the ending principle at end of 2024 is $835,266.14, the total paid interest is $33,181.32. But we only got about $4600 tax deduction from TurboTax's calculation, which is way below our expectation. But from what is filled into TT, there seems to be correct. What is the behind so low tax deduction?
