pk
Level 15
Level 15

Business & farm

Note your interest payment  allowed for deduction on schedule -A is limited to that on  only up to  $750,000 principal.  So TurboTax should have asked you for the 01/01/2018 and 12/31/2018 principal balance to compute and average  principal balance and allow only interest on that.  Was your principal due  more than $750,000 for 2018 ?