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2024 home mortgage interest erroneous limitation
I had a primary home loan for about 465,000. Bank 1 aold that loan to Bank 2 in 2024. Each bank submitted a form 1098 which I included in my turbo tax submission. Turbo tax treated that one loan as two loans because I entered the data for both banks on their submitted 1098 forms. Turbo tax showed on the deductible home mortgage interest worksheet a total of 2 loans for over $930,000, which generated an erroneous limitation on my home mortgage interest. Is there a turbo tax solution for this? My proposed workaround is to combine
the data on one 1098.
‎September 10, 2025
3:48 PM