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Your broker is required by IRS to adjust for wash sales for you. If you use only one broker regarding a security, there is nothing to do on your tax return but report consolidated 1099-B as shown.   @mgawro01 

I was able to figure out the problem by contacting a live expert at TT.   TT should calculate the max mortgage interest deduction at 750/1350*37K, just as you stated…that’s why I was confused. Turns out, because my builder carried the construction loan, there were some boxes that were incorrectly checked (on my part) which was leading to the error.   Bottom line, once the corrections were made, the deduction was nearly $22K!

For purposes of assisting you, it will be helpful to know the name of the city that could potentially be taxing your scholarship in excess of tuition.  Cities vary widely in the the types of income that they assess a tax on.  In addition to the city that may be imposing the tax on your scholarship, any additional information about your situation (other W-2 income or any other details you are willing to share) will help us to better help you.

I seems you should be getting that deduction. I suggest you look on line 13(b) of Form 1040 and/or line 37 of Schedule 1-A to see if the deduction shows up there.   To view your form 1040 and schedule 1 to 3:   Choose Tax Tools from your left menu bar in TurboTax Online while working in your program Choose Tools Choose View Tax Summary See the Preview my 1040 option in the left menu bar and click on it Choose the Back option in the left menu bar when you are done

You should enter the full amount ($8,714) in the "Enter your regular Roth IRA contributions" because TurboTax needs to know that you went over the limit.   Correct. For "How much of your contribution to this Roth IRA did you switch?", enter the $714 amount, along with your explanation for the recharacterization.   TurboTax will automatically generate or update Form 8606 and the $714 will show as a Traditional IRA contribution.