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Deductions & credits
@NorthernPines wrote:I'm fairly certain this is, indeed, a software bug on TurboTax's end.
that works out to $2,600 off your deduction
assuming you paid at least $10,000 in interest
Their calculations are currently deducting from the interest paid,
Yes, that example would be $2600 off the the deduction
Did you pay $10,000 or more of interest?
Yes, the deduction is off interest paid. In that example, if you paid $2600 or less of interest, and the deduction was reduced by $2600, your deduction would be $0.
2 weeks ago