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Home Interest Deduction
I entered my home(s) interest into turbo tax and the deduction is no the amount I entered. I have a main home with the original loan and a refi of that home (same lender). I have a qualified second home (RV) original loan. The interest being deducted is 80% less than what I netered. The value of both is less than $750K. I went back to last years taxes and the same thing happened when I enterd the interest for the original loans for both homes. What am I missing?
‎April 4, 2022
2:14 PM