topic Re: 2019 Limit Deductible Mortgage Interest Question Not working? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1238522#M131859 <P>This solution fixed my problem.&nbsp; Thanks!</P> Wed, 26 Feb 2020 22:24:53 GMT wemismith 2020-02-26T22:24:53Z 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/2019-limit-deductible-mortgage-interest-question-not-working/01/1002791#M112918 <P>Hi...</P><P>&nbsp;</P><P>Trying to enter all my Mortgage Interest for this year (in Step by Step mode) and I've run into an issue.&nbsp; I had a mortgage from 2018 that I refinanced in 2019.&nbsp; Both were for amounts under the 750K cap (right around 700k) with no money taken out on the refinance.&nbsp;&nbsp;</P><P>&nbsp;</P><P>When I finish entering both 1098s, I get promoted with by TT with "Do these Situations apply to you" to determine if I need to limit the interest deduction.&nbsp; I select "NO, none of these situations apply to me" because, as I understand, I shouldn't be limited.&nbsp; However, the program seems to be updating the Tax and INT worksheet that my interest needs to be limited.</P><P>&nbsp;</P><P>Anyone else seeing something similar or am I doing something incorrectly?&nbsp;&nbsp;</P> Thu, 23 Jan 2020 00:18:00 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/2019-limit-deductible-mortgage-interest-question-not-working/01/1002791#M112918 pugpapa75 2020-01-23T00:18:00Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1005876#M113195 <P>I cannot replicate a limitation in my TurboTax, based on the information you provided.&nbsp; But, I don't have all the numbers from your 1098 forms.&nbsp; Here are some suggestions to help resolve or at least diagnose the issue.</P> <P>&nbsp;</P> <P>Firstly, go back through the questions and check the following:</P> <OL> <LI>The boxes in TurboTax match the boxes on your actual 1098 forms.</LI> <LI>For the refinance loan, did you designate that it was a refinanced loan?</LI> <LI>Did you take out any cash as a part of the refinance?&nbsp; (If so, some of your interest will not be allowed as a deduction)</LI> <LI>If you look at your Schedule A is the mortgage interest deduction actually being limited instead of the full amount?</LI> </OL> <P>Once you've confirmed that all the questions are answered correctly, if you still have a limitation issue, then:</P> <OL> <LI>Because you mentioned the Tax &amp; Int Wks, I am assuming you are using&nbsp;the TurboTax Download/CD version.&nbsp; If so, make sure you have installed the most current update.</LI> <LI>Take a look&nbsp;in "Forms Mode" at&nbsp;the Tax &amp;&nbsp;Int Wks.&nbsp; Near the "bottom" there is a Mortgage Interest Limited Smart Worksheet in the Interest Deductions section.&nbsp; If the&nbsp;"Does your mortgage interest need to be limited"&nbsp;question was for some reason checked "Yes"&nbsp;in error, you may need to manually check "No" instead. That could clear up any limitation message you are getting.</LI> </OL> Thu, 23 Jan 2020 20:08:54 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1005876#M113195 DavidS127 2020-01-23T20:08:54Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1012409#M113738 <P>I'm having the same problem. &nbsp;I have three 1098'. &nbsp;One is the original mortgage, the second from a refinance, the third from a transfer of the mortgage. &nbsp;The refinance and transfer were both in July. &nbsp;The mortgage is $500,000. &nbsp;No cash was taken out. It thinks I have a $1,000,000 mortgage.</P> Sat, 25 Jan 2020 04:06:27 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1012409#M113738 jake93 2020-01-25T04:06:27Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015851#M114038 <P>I am having the identical situation.&nbsp; The identical steps happened in my turbotax home and business cd (with updates) edition.</P><P>I bought a home with a 640k mortgage in 2018.&nbsp; I refinanced in 2019.&nbsp; So I entered the two 1098's I received and Turbotax overrides me (when I click that "none of these apply to me" at the screen about whether my mortgages total more than 750k) and seems to add together the amounts, even though it obviously is the same mortgage.&nbsp; I've tried a dozen times to get it do the right thing, but it won't let me.&nbsp;</P> Sun, 26 Jan 2020 04:00:41 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015851#M114038 MichNoah 2020-01-26T04:00:41Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015919#M114043 <P>I should add that Turbotax correctly reports (from my 1098's) that I have paid 15k in property taxes and 26k in mortgage interest, but then insists that I take the Standard 24k deduction.&nbsp; (Even if only 10k of the property taxes are now deductible, that still means I have 36k in deductions from mortgage interest and taxes alone--obviously a lot more than 24k.)&nbsp; Clearly it is adding together my 640k mortgages (which are a single mortgage that got refinanced) and disallowing the interest.</P> Sun, 26 Jan 2020 04:33:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015919#M114043 MichNoah 2020-01-26T04:33:39Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016222#M114064 <P><SPAN>My situation is the exactly the same. &nbsp;I did switch to the forms entry and corrected the answer to the limitation question. It fixed the problem but it shouldn’t be necessary to correct an entry &nbsp;due to a TT software problem.&nbsp;</SPAN></P> Sun, 26 Jan 2020 09:00:07 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016222#M114064 jake93 2020-01-26T09:00:07Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016460#M114083 <P>Can you tell me where exactly to do that in the Forms entry?&nbsp; I switched to forms entry, found the form, tried changing some things, but nothing worked.&nbsp; I'd be happy to be told what exactly to change to get this right.</P><P>&nbsp;</P><P>I doubt we are the only ones who refinanced a house with a mortgage somewhere between 500k and 750k in 2019!</P><P><BR />Noah</P> Sun, 26 Jan 2020 14:08:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016460#M114083 MichNoah 2020-01-26T14:08:49Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1017631#M114176 <P>I went in the forms and opened the Tax &amp;&nbsp;Int Wks.&nbsp; Near the "bottom" there is a Mortgage Interest Limited Smart Worksheet in the Interest Deductions section.&nbsp; I changed the “Does your mortgage interest need to be limited?" to "No".&nbsp;<BR />I also went each 1098 form and verified everything was correct. I need need to check the box asking if the loan had been refinanced.&nbsp;</P> Sun, 26 Jan 2020 19:54:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1017631#M114176 jake93 2020-01-26T19:54:36Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1019011#M114257 <P>Thank you SO MUCH.&nbsp; That worked.</P><P>Noah</P> Mon, 27 Jan 2020 02:10:54 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1019011#M114257 MichNoah 2020-01-27T02:10:54Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1057469#M117382 <P><FONT color="#ff6600"><STRONG>May I inquire of each of you users in this thread</STRONG></FONT>:&nbsp; Have any of you successfully e-filed your return?&nbsp; I ask because TurboTax typically prohibits e-filing if the program is overridden in Forms mode.&nbsp; I'm curious if the program is considering your changes in the worksheets an override.&nbsp; Thanks in advance.</P> Sat, 01 Feb 2020 02:24:28 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1057469#M117382 Kat 2020-02-01T02:24:28Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1101794#M121130 <P>This is definitely still an issue. &nbsp;Having the same problem. &nbsp;Overriding in forms will resolve the input on the actual forms, but then how do we revert back to the easy steps and efile? &nbsp;Appreciate everyone who has commented, but I sure wish we could get some turbo tax eyes on this!</P> Thu, 06 Feb 2020 23:22:31 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1101794#M121130 toddfoss1 2020-02-06T23:22:31Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1102465#M121183 <P>Are there any users in this thread that would be willing to submit a diagnostic file to TurboTax regarding this issue?&nbsp; TurboTax has yet been unable to duplicate the issue, and a diagnostic file from any of you would be tremendously helpful.</P> <P>&nbsp;</P> <P>Please reply on this thread if any of you are willing to share your file for diagnostic purposes.</P> <P>&nbsp;</P> <P>Thanks so much!</P> Fri, 07 Feb 2020 00:44:41 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1102465#M121183 Kat 2020-02-07T00:44:41Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1103953#M121280 <P>Here's some ideas:<BR /><BR /></P> Mon, 10 Feb 2020 03:12:12 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1103953#M121280 SuzK 2020-02-10T03:12:12Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104001#M121284 <P>I’m totally willing to submit a diagnostic file.</P> Fri, 07 Feb 2020 05:33:32 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104001#M121284 pugpapa75 2020-02-07T05:33:32Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104077#M121289 <P>I will submit a file.&nbsp;<BR /><BR /></P><P>I have 3 1098s. Two of the 3 have amounts in box 2. The first 1098 is the original loan, r he second 1099 is a refinance and the 3rd is a transfer. We only have one loan. The amounts in box 2 are the balance on 1/1/19 for the original loan and the second 1098 reflects the balance on the acquisition &nbsp;date.&nbsp;</P> Fri, 07 Feb 2020 06:03:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104077#M121289 jake93 2020-02-07T06:03:20Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104083#M121290 <P>I haven’t filed my return. My return has passed all the error screens and is ready to submit.&nbsp;</P> Fri, 07 Feb 2020 06:05:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104083#M121290 jake93 2020-02-07T06:05:20Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1105704#M121403 <P>Support reached out to me and I sent in a diagnostic file.</P> Fri, 07 Feb 2020 16:12:13 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1105704#M121403 pugpapa75 2020-02-07T16:12:13Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1107845#M121595 <P><LI-USER uid="808125"></LI-USER> Thank you so much!&nbsp; Maybe TT can figure out what's going on and fix it!</P> Fri, 07 Feb 2020 20:39:26 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1107845#M121595 Kat 2020-02-07T20:39:26Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1114537#M122168 <P>Yes, I successfully e-filed after I change the box in the Forms entry.</P><P>&nbsp;</P><P>By the way, no one mentioned it but I once spent an hour typing the details of the DATES that one loan was paid off and then the new loan started, thinking that would tell the program that it's the same loan.&nbsp; That did not work.&nbsp;</P><P>&nbsp;</P><P>Only the forms entry checkbox change worked.</P> Sat, 08 Feb 2020 20:35:42 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1114537#M122168 MichNoah 2020-02-08T20:35:42Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119429#M122645 <P>All,</P><P>&nbsp;</P><P>I was having this same problem. Kept applying the limit (adding I think the original and refi amounts) and then putting me into a standard deduction. To fix it what worked for me was that at the point where I was asked if the limits apply, I said "no." But, I did not click "continue" but instead saved the file and exited TurboTax. Then reopened it and went onto the next section manually. This got me all the way through federal and state checks and it is ready to efile. Haven't done that yet as this is my first pass through and I like to come back a week later and re-check everything. But I think it got me past the problem.</P> Sun, 09 Feb 2020 18:20:57 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119429#M122645 moorek 2020-02-09T18:20:57Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119626#M122660 <P>I am having the exact same issue.&nbsp; I have 3 1098's, first is the original loan, second is the refinanced loan, and third is the bank my loan was sold to.&nbsp; Every time I get to the question about limiting mortgage interest if these situations apply to me it defaults to Yes, but I select No and I get the error that "Limited interest and points must be entered" on the Mortgage Interest Limited Smart Worksheet.</P> Sun, 09 Feb 2020 18:45:07 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119626#M122660 AndyT83 2020-02-09T18:45:07Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1139911#M124217 <P>In 2019 My mortgage company sold my loan.&nbsp; I also did a refinance.&nbsp; I did not pull out any money.&nbsp; When i enter in all three 1098s it shows that I owe 3,600 federal and get back right at 4k state, so I am $350 to the good.&nbsp; However, in error check process it wants me to check limited interest box and then changes my return to owing 8,800 and only 2k return state.&nbsp; I have had to delete two files and start over and the exact thing happens each time.&nbsp; It is adding the three loan values together and so it looks like my home is over a million when it is only 414k.&nbsp; In looking at message boards many others are having this issue.&nbsp; Do you know when this bug will be resolved?&nbsp;</P> Wed, 12 Feb 2020 13:33:13 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1139911#M124217 Shannon Hayes 2020-02-12T13:33:13Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1152725#M125380 <P>When you enter the information for the second and third 1098 forms into TurboTax the amount in <STRONG>Box 2 </STRONG>needs to be <STRONG>$0</STRONG> for both 1098 forms.&nbsp; Box 2 is asking for the outstanding balance for the loan as of <STRONG>01/01/2019&nbsp;</STRONG>for both the sold loan and the refinanced loan the amount is $0.</P> <P>&nbsp;</P> <P>Once you have change this information in TurboTax it will not limit the amount of mortgage interest you can deduct.</P> Fri, 14 Feb 2020 13:52:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1152725#M125380 DianeC958 2020-02-14T13:52:21Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1156765#M125633 <P><LI-USER uid="743948"></LI-USER> Users have reported that TT program will not accept a value of -0- in Box 2.&nbsp; One other user has entered a $1 value in Box 2 for subsequent 1098's entered after the first one.&nbsp; I "think" they were able to successfully e-file.&nbsp; What do you think about this resolution so these folks can get their returns filed?&nbsp; Thank you!</P> Sat, 15 Feb 2020 00:37:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1156765#M125633 Kat 2020-02-15T00:37:48Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1157991#M125721 <P>Box 2 is the loan balance as of 1/1/19 or the acquisition date. It is possible for more than one of the 1098s to have a dollar amount greater than zero in box 2. &nbsp;Personally, I prefer the information I enter to match the actual 1098.&nbsp;<BR />I completed and efiled my return with the work-around posted in this thread.&nbsp;</P><P>I hope TT actually listens and fixes the issue.&nbsp;</P><P>&nbsp;</P> Sat, 15 Feb 2020 10:37:42 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1157991#M125721 jake93 2020-02-15T10:37:42Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164199#M126229 <P>I am not a tax professional but I am not sure entering something different than the 1098 is the correct solution here.&nbsp; I think that is the reason there is a followup question after entering the 1098s to see if the mortgage interest limit really applies to you....but due to a bug in the program its not working correctly.&nbsp; It seems like the easiest thing would be to just fix the bug.&nbsp; Has anyone heard from TurboTax on if they are working on this issue?</P> Sun, 16 Feb 2020 14:33:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164199#M126229 AndyT83 2020-02-16T14:33:36Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164398#M126245 <P><LI-USER uid="1145426"></LI-USER> Even with users submitting diagnostic files, it seems TT has been unable to duplicate the error.&nbsp; (I don't get it).&nbsp; I'm linking below another thread where users are experiencing the same issue and some have offered workarounds.&nbsp; Since TurboTax hasn't published an official workaround, I can't offer an official solution.&nbsp; But you may be able to complete your filing with something you find here.&nbsp;</P> <P>&nbsp;</P> <P><A href="https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-to-enter-two-or-more-1098-s-when-the-loan-servicing-company-changes/01/1087938#M120015" target="_blank">https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-to-enter-two-or-more-1098-s-when-the-loan-servicing-company-changes/01/1087938#M120015</A></P> <P>&nbsp;</P> <P>I'm sorry for the frustration. &nbsp;</P> Sun, 16 Feb 2020 15:20:34 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164398#M126245 Kat 2020-02-16T15:20:34Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174288#M127122 <P>This is a definite error in TT.&nbsp; I am having the same issue.&nbsp; My loan was sold to a different lender.&nbsp; I enter in both 1098's accurately.&nbsp; TT error check wants me to enter in limit/int points.&nbsp; I was really confused.&nbsp; It ended up dropping me down to standard deduction, which will make a difference of $3k.&nbsp; It seems to want to combine my two 1098's into a total mortgage over the threshold even though the actual mortgage is only about $500k.&nbsp; What's worse is that trying to troubleshoot it out on my own (thinking I messed up somewhere) has screwed up my return to the point where I think I'm going to have to start my return all over from scratch.&nbsp; I was all ready to file and the error check made me go back to "fix" a perceived problem in my return, which was really just an error in TT's software.&nbsp; Otherwise it would have been ready to file.</P> Mon, 17 Feb 2020 22:34:27 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174288#M127122 irishstevenson 2020-02-17T22:34:27Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174932#M127176 <P>I’m really not understanding the problem at this point. &nbsp;With all the diagnostic files that have been submitted, TT should have some idea what’s going on. &nbsp;At this point, I’m giving them another week to get their act together or I’m switching products. &nbsp;I’ve been a loyal TT customer for 15 years but this is unacceptable!</P> Mon, 17 Feb 2020 23:54:59 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174932#M127176 pugpapa75 2020-02-17T23:54:59Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1224578#M130999 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">There is a workaround for this.&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">For desktop versions:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In <STRONG>Forms </STRONG>view, locate and click on <STRONG>Tax &amp; Int Wks </STRONG>on the left from the forms list</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">On the form, scroll to<STRONG> Mortgage Interest Limited Smart Worksheet</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click on <STRONG>NO</STRONG> to the right of the question, <EM>Does your mortgage interest need to be limited</EM></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">For online versions:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Under <STRONG>Deductions &amp; Credits</STRONG>, expand the menu for <STRONG>Your Home</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click <STRONG>Start/Revisit</STRONG> next to <STRONG>Mortgage Interest and Refinancing (Form 1098)</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click through until you get to a screen that says <EM>Do any of these situations apply to you?</EM> Mark <STRONG>Yes.</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">On the next screen, <STRONG>take out the zero</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click back and choose <STRONG>No</STRONG>.</SPAN></SPAN></LI> </UL> Tue, 25 Feb 2020 01:44:50 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1224578#M130999 VictoriaD75 2020-02-25T01:44:50Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1238522#M131859 <P>This solution fixed my problem.&nbsp; Thanks!</P> Wed, 26 Feb 2020 22:24:53 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1238522#M131859 wemismith 2020-02-26T22:24:53Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1240338#M131948 <P><LI-USER uid="1448521"></LI-USER> HOORAY!&nbsp; Everyone, see&nbsp;<LI-USER uid="744031"></LI-USER> 's solution that worked for one user!</P> Thu, 27 Feb 2020 02:28:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1240338#M131948 Kat 2020-02-27T02:28:33Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1242941#M132073 <P><LI-USER uid="744031"></LI-USER>&nbsp;this workaround was suggested on Jan 23rd by another user. When is was suggested TT said if a form is manually changed it voids any TT guarantee. Would you be able to clarify this information?</P><P>&nbsp;</P><P>Is TT going to actually fix the bug?</P> Thu, 27 Feb 2020 16:27:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1242941#M132073 jake93 2020-02-27T16:27:33Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1249195#M132568 <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Do not alter the 1098. Enter the 1098(s) as reported. Box 2 should not be blank. Box 2 is the balance of the loan on 01-01-2019 OR the balance on the day the loan was taken out in 2019. Answer the interview questions carefully. </SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">If you get an error concerning the balance, please follow these directions: </SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><U><SPAN style="font-size:12.0pt">ONLINE USERS:</SPAN></U></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Please go back to the Home Mortgage Interest section:</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click<STRONG> Federal</STRONG> on the left side-bar</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click <STRONG>Deductions &amp; Credits</STRONG> along the top</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt"><SPAN style="color:black">Scroll down to <EM>“Mortgage Interest and Refinancing (Form 1098)” </EM>Click <STRONG>Edit/Add</STRONG> </SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt"><SPAN style="color:black">Scroll down the “Here’s your 1098 info” screen and click <STRONG>Done. </STRONG></SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt"><SPAN style="color:black">Next screen asks <EM>“Do any of these situations apply to you?” </EM>Select <STRONG>“Yes, one or all of these situations apply to me.” </STRONG>and <STRONG>Continue</STRONG>.</SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">On the following screen, you will see the “Original amount”.</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Enter the amount you can claim as a Home Mortgage Interest deduction in the “Adjusted amount” box. The Adjusted amount cannot be larger than the original amount or you will receive an error when trying to file. Instructions on who needs to adjust interest and how to calculate are available by clicking the blue “Help me figure this out” link. </SPAN></SPAN></SPAN></P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/ceb90d82-cf54-424a-a02c-13f91b76983a.default.PNG" style="height:148px; width:256px" /><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/2d588aa1-05bf-408b-822b-932bfd3e2d58.default.PNG" style="height:119px; width:256px" /></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><U><SPAN style="font-size:12.0pt">DESKTOP USERS:</SPAN></U></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Go into Forms (top right)<BR /> Enter the amount on Tax &amp; Int Wks<BR /> Mortgage Interest Limited Smart Worksheet section<BR /> Line A2</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">OR </SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Step by Step</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Federal</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Deductions &amp; Credits</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Mortgage Interest, Refinancing and Insurance Click Update</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click Done</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click Yes, one or both of these situations apply to me. And Continue</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Enter the Adjusted amount and Continue</SPAN></SPAN></SPAN></P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/0a052c08-9320-4a50-afdb-a732ebe7b083.default.PNG" style="height:129px; width:256px" /><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/30e3f74b-c43e-4711-8afa-3a4362ed5b27.default.PNG" style="height:136px; width:256px" /></P> <P>&nbsp;</P> <P>&nbsp;</P> Fri, 28 Feb 2020 22:11:25 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1249195#M132568 KrisD15 2020-02-28T22:11:25Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255949#M133324 <P>I feel you!&nbsp; This is what happened to me.... I think I started my return at 1 and should have been done at 2 30 at the latest ..... after all the trouble shooting I was done at 630 PM.....&nbsp; Im not happy...</P> Mon, 02 Mar 2020 04:05:29 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255949#M133324 Papascrubs 2020-03-02T04:05:29Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255951#M133325 <P>This only works if you do not hit continue after you do this.&nbsp; You have to then go to another form from the list at the top.</P> Mon, 02 Mar 2020 04:06:41 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255951#M133325 Papascrubs 2020-03-02T04:06:41Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255958#M133327 <P>But why would you click yes if your loan amount is under the threshold?&nbsp; TT is adding the the refi to to the original loan and putting people over the limit.</P> Mon, 02 Mar 2020 04:10:02 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255958#M133327 Papascrubs 2020-03-02T04:10:02Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1256633#M133381 <P><LI-USER uid="1498762"></LI-USER>&nbsp; my question exactly &nbsp;&nbsp;<LI-USER uid="743984"></LI-USER>&nbsp;why should a filer check the “yes” box when correct answer is “no”?</P><P>&nbsp;</P> Mon, 02 Mar 2020 15:18:52 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1256633#M133381 jake93 2020-03-02T15:18:52Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1259398#M133613 <P>I just spend 10 hours trying to fix this issue of the home loan interest and refinancing with 2 lenders and 2 loans being purchased by another bank.&nbsp; The Turbo tax assistant who I called said it is an obvious bug but we got cut off before she remedied it.&nbsp; Im tired of working on it-</P><P>&nbsp;</P><P>This is how I solved it.....&nbsp; A -you can do it with the forms and not use easy steps but this is time consuming and complicated.&nbsp; B- When you get to the yes my loan is over 1mil or no it does neither of these situations apply you can leave the no box checked and NOT hit continue.&nbsp; Instead just click on deductions on the top and continue onto the next section.&nbsp; Error check will pass and it may ask for an amount of the loan in one where the 1098 was left blank.&nbsp; Just put 0.&nbsp; It may ask for total fair value of home, you can enter that amount as you know or from your last appraisal.&nbsp; &nbsp;WOW I hope Intuit fixes this Turbo tax problem.&nbsp; Also as a side note if you call support and you have a mac there is a great chance they will not be able to see your screen with the 1st method they try.&nbsp; There is another method called Glance which my first support rep did not know about so she hung up on me.&nbsp; Make sure they try the 2nd method for you to see your screen and help with the turbo tax issue for FY 2019.</P> Mon, 02 Mar 2020 22:59:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1259398#M133613 Papascrubs 2020-03-02T22:59:36Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1263276#M133903 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Entering "no" is a way to allow you to file.&nbsp;&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">As long as you know and have proof to show that the amount is below the threshold for the limit, your return would be fine to file.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><A href="https://ttlc.intuit.com/community/credits-and-deductions/help/can-i-deduct-my-mortgage/00/25755" target="_blank">Mortgage deduction rules</A></SPAN></SPAN></P> Tue, 03 Mar 2020 19:40:50 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1263276#M133903 JotikaT2 2020-03-03T19:40:50Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1320834#M138796 <P>Thank you! How would anyone figure this out on their own?</P> Sun, 15 Mar 2020 21:26:06 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1320834#M138796 LSomers1956 2020-03-15T21:26:06Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1346049#M140917 <P>I finally found out how to fix this. For Turbo Tax Online:</P><P>&nbsp;</P><P>1. Go to Forms</P><P>2. Select "Delete Forms"</P><P>3. Delete "<SPAN>Tax and Interest Deduction Worksheet"</SPAN></P><P>&nbsp;</P><P><SPAN>This should reset things (and maybe more) but will get you unstuck.</SPAN></P> Sun, 22 Mar 2020 01:59:08 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1346049#M140917 sir strawberry 2020-03-22T01:59:08Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1476994#M148690 <P>Where do you find Forms on the online version???</P> Wed, 15 Apr 2020 15:20:24 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1476994#M148690 Hoyden 2020-04-15T15:20:24Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1477043#M148694 <BLOCKQUOTE><HR /><LI-USER uid="2006934"></LI-USER>&nbsp;wrote:<BR /> <P>Where do you find Forms on the online version???</P> <HR /></BLOCKQUOTE> <P>Using the TurboTax online editions there is no direct access to any forms, schedules or worksheets.&nbsp; That option is only available when using the desktop CD/Download editions.</P> Wed, 15 Apr 2020 15:23:10 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1477043#M148694 DoninGA 2020-04-15T15:23:10Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484335#M148978 <P>I have the same issue....that is causing the system to not itemize or include it.</P> Wed, 15 Apr 2020 21:38:35 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484335#M148978 theurbanartisans 2020-04-15T21:38:35Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484429#M148984 <P>Unchecking the box resolves the issue, but if I go back to review, the problem recreates itself. It must be adding the loans without considering that it's double-dipping because it was a refi and not an additional amount.</P> Wed, 15 Apr 2020 21:43:42 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484429#M148984 theurbanartisans 2020-04-15T21:43:42Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1513509#M150138 <P>It is obvious that Turbo Tax is not processing the 1098s properly (they are not asking enough questions and are treating each 1098 as if it a separate loan. This late into the season the Intuit should have already fixed these. It is obvious that Corporate Leaders of Intuit (Turbo Tax) no longet care about the quality of their product. They don't want to spend the money.</P> Mon, 20 Apr 2020 11:16:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1513509#M150138 ricod 2020-04-20T11:16:49Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1633844#M155994 <P>I have updated TT to the most current update. &nbsp;&nbsp; I see not place to indicate that the loan is the refinancing of another loan. &nbsp;&nbsp; When I answer no to the question no to the two questions (was loan over $1mm or $750k) then hit done, TT is changing the answer back to yes and limiting the deduction. &nbsp;&nbsp; All we did is refinance the original mortgage from 2012 during 2019.&nbsp; The average loan amount is above $750k in 2019, however since you look back to the date of the original loan, this limitation should not apply. &nbsp;&nbsp; What am I missing? &nbsp;&nbsp;</P> Sun, 14 Jun 2020 22:15:05 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1633844#M155994 lkkjburns 2020-06-14T22:15:05Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1634432#M156032 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Try one of these workarounds:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In <STRONG>Forms </STRONG>view, locate and click on <STRONG>Tax &amp; Int Wks </STRONG>on the left from the forms list</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">On the form, scroll to<STRONG> Mortgage Interest Limited Smart Worksheet</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click on <STRONG>NO</STRONG> to the right of the question, <EM>Does your mortgage interest need to be limited</EM></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Or:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">In "Forms," find the "Tax and Interest Deduction Worksheet."&nbsp;</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">Scroll down to the Mortgage Interest Limited Smart Worksheet."</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">If field A 1 is blank, right click it, and select "Override", then write in the total of mortgage interest paid, from all 1098 forms.</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">Once field A 1 has the&nbsp;total of mortgage interest paid, copy that amount.</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">If field A 2 is blank,&nbsp;right click it, and select "Override", then AGAIN&nbsp; write in the total of mortgage interest paid, from all 1098 forms.</SPAN></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#333333">The limit on the amount of interest has changed under the Tax Cuts &amp; Jobs Act. The interest deduction pre-TCJA has been available to qualified mortgage debt up to $1 million ($500,000 married filing separately).</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#333333">&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#333333">Through 2025, the TCJA has lowered the amount of qualified mortgage debt to $750,000. For qualified mortgage debt incurred on or before December 15, 2017, the $1 million limit remains in place, thus "grandfathering" existing mortgage debt.</SPAN></SPAN></SPAN></P> Mon, 15 Jun 2020 12:19:57 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1634432#M156032 VictoriaD75 2020-06-15T12:19:57Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649735#M157146 <P>Thank you!</P> Mon, 29 Jun 2020 00:42:35 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649735#M157146 ruanys 2020-06-29T00:42:35Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649741#M157147 <P>You are welcome!</P> Mon, 29 Jun 2020 00:45:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649741#M157147 DawnC 2020-06-29T00:45:36Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1670643#M159379 <P>Thank you so much!&nbsp; Seems to be a bug in the program that should have been fixed, but I'm glad that resourceful individuals like you have figured out the work-around. &nbsp;</P> Sat, 11 Jul 2020 22:06:43 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1670643#M159379 jboettcher1 2020-07-11T22:06:43Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1835037#M171815 <P>I still have this bug and the online work arounds are not working. I never get a page that says do any of these situations apply after entering 1098s</P> Wed, 27 Jan 2021 21:46:00 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1835037#M171815 acable 2021-01-27T21:46:00Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1849673#M173525 <P>After testing, it appears to be working correctly as long as the questions are answered about refinance.&nbsp;<SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">It's important to answer the questions appropriately for <STRONG>TurboTax</STRONG> to recognize that one loan is a refinance and the other was the original loan.&nbsp;&nbsp;</SPAN></SPAN><SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">If you go through the questions carefully, you should obtain the correct results.&nbsp; (see the image below for the specific page)</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">Helpful link: </SPAN></SPAN><A href="https://ttlc.intuit.com/community/entering-importing/help/how-do-i-handle-multiple-1098-mortgage-forms/00/26922" target="_blank"><SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">How to handle multiple Forms 1098</SPAN></SPAN></A></LI> </UL> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/e3dbe447-0b13-4977-80b1-b910c0fbd2b1.default.png" /></P> Sun, 31 Jan 2021 13:48:54 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1849673#M173525 DianeW777 2021-01-31T13:48:54Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851072#M173734 <P>Hey users that in this thread:&nbsp; Will you please report back here and let me know if&nbsp;<LI-USER uid="2903090"></LI-USER>&nbsp;'s solution has worked for you?&nbsp; And thank you, Diane, for posting here!&nbsp; This has been an issue for a couple of years now.</P> Sun, 31 Jan 2021 19:11:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851072#M173734 Kat 2021-01-31T19:11:47Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851119#M173740 <P>Hey,&nbsp;</P><P>this thread outlines many people with the same issue but none of the fixes given in either thread work... please look into this turbotax&nbsp;<LI-USER uid="2903090"></LI-USER>&nbsp;<LI-USER uid="122"></LI-USER>&nbsp;</P><P><A href="https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-bug-with-refinance-on-a-large-mortgage/01/1851031#M173729" target="_blank" rel="noopener">https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-bug-with-refinance-on-a-large-mortgage/01/1851031#M173729</A></P><P>&nbsp;</P> Sun, 31 Jan 2021 19:20:24 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851119#M173740 acable 2021-01-31T19:20:24Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1852400#M173899 <P><LI-USER uid="3010096"></LI-USER>&nbsp;I have reported this issue to TurboTax Moderators.&nbsp; It was actually an issue in 2019, as well.&nbsp; I'm sorry that&nbsp;<LI-USER uid="2903090"></LI-USER>&nbsp;'s solution didn't work.&nbsp; I was hopeful!</P> <P>&nbsp;</P> <P>I'm working to find out if anyone recalls the workaround from 2019, because I remember that there was one.&nbsp; Let me stir the pot a little more.&nbsp; I'll post back here if I can offer any help!&nbsp; I am so, so sorry.</P> Sun, 31 Jan 2021 22:51:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1852400#M173899 Kat 2021-01-31T22:51:36Z Re: 2019 Limit Deductible Mortgage Interest Question Not working? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1873471#M176360 <P>Users:&nbsp; I've just learned of this TurboTax FAQ where you have an opportunity to sign up for email notifications when this issue has been resolved.</P> <P>&nbsp;</P> <P><A href="https://ttlc.intuit.com/community/tax-topics/help/why-is-my-home-mortgage-interest-being-limited/00/1863516" target="_self">Why is my home mortgage interest being limited?</A>&nbsp;</P> Thu, 04 Feb 2021 18:11:02 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1873471#M176360 Kat 2021-02-04T18:11:02Z
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<title>
topic Re: 2019 Limit Deductible Mortgage Interest Question Not working? in Deductions & credits
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<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1238522#M131859
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<description>
<P>This solution fixed my problem.&nbsp; Thanks!</P>
</description>
<pubDate>Wed, 26 Feb 2020 22:24:53 GMT</pubDate>
<dc:creator>wemismith</dc:creator>
<dc:date>2020-02-26T22:24:53Z</dc:date>
<item>
<title>
2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/2019-limit-deductible-mortgage-interest-question-not-working/01/1002791#M112918
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<P>Hi...</P><P>&nbsp;</P><P>Trying to enter all my Mortgage Interest for this year (in Step by Step mode) and I've run into an issue.&nbsp; I had a mortgage from 2018 that I refinanced in 2019.&nbsp; Both were for amounts under the 750K cap (right around 700k) with no money taken out on the refinance.&nbsp;&nbsp;</P><P>&nbsp;</P><P>When I finish entering both 1098s, I get promoted with by TT with "Do these Situations apply to you" to determine if I need to limit the interest deduction.&nbsp; I select "NO, none of these situations apply to me" because, as I understand, I shouldn't be limited.&nbsp; However, the program seems to be updating the Tax and INT worksheet that my interest needs to be limited.</P><P>&nbsp;</P><P>Anyone else seeing something similar or am I doing something incorrectly?&nbsp;&nbsp;</P>
</description>
<pubDate>Thu, 23 Jan 2020 00:18:00 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/2019-limit-deductible-mortgage-interest-question-not-working/01/1002791#M112918
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<dc:creator>pugpapa75</dc:creator>
<dc:date>2020-01-23T00:18:00Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1005876#M113195
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<P>I cannot replicate a limitation in my TurboTax, based on the information you provided.&nbsp; But, I don't have all the numbers from your 1098 forms.&nbsp; Here are some suggestions to help resolve or at least diagnose the issue.</P> <P>&nbsp;</P> <P>Firstly, go back through the questions and check the following:</P> <OL> <LI>The boxes in TurboTax match the boxes on your actual 1098 forms.</LI> <LI>For the refinance loan, did you designate that it was a refinanced loan?</LI> <LI>Did you take out any cash as a part of the refinance?&nbsp; (If so, some of your interest will not be allowed as a deduction)</LI> <LI>If you look at your Schedule A is the mortgage interest deduction actually being limited instead of the full amount?</LI> </OL> <P>Once you've confirmed that all the questions are answered correctly, if you still have a limitation issue, then:</P> <OL> <LI>Because you mentioned the Tax &amp; Int Wks, I am assuming you are using&nbsp;the TurboTax Download/CD version.&nbsp; If so, make sure you have installed the most current update.</LI> <LI>Take a look&nbsp;in "Forms Mode" at&nbsp;the Tax &amp;&nbsp;Int Wks.&nbsp; Near the "bottom" there is a Mortgage Interest Limited Smart Worksheet in the Interest Deductions section.&nbsp; If the&nbsp;"Does your mortgage interest need to be limited"&nbsp;question was for some reason checked "Yes"&nbsp;in error, you may need to manually check "No" instead. That could clear up any limitation message you are getting.</LI> </OL>
</description>
<pubDate>Thu, 23 Jan 2020 20:08:54 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1005876#M113195
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<dc:creator>DavidS127</dc:creator>
<dc:date>2020-01-23T20:08:54Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1012409#M113738
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<P>I'm having the same problem. &nbsp;I have three 1098'. &nbsp;One is the original mortgage, the second from a refinance, the third from a transfer of the mortgage. &nbsp;The refinance and transfer were both in July. &nbsp;The mortgage is $500,000. &nbsp;No cash was taken out. It thinks I have a $1,000,000 mortgage.</P>
</description>
<pubDate>Sat, 25 Jan 2020 04:06:27 GMT</pubDate>
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1012409#M113738
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<dc:creator>jake93</dc:creator>
<dc:date>2020-01-25T04:06:27Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015851#M114038
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<P>I am having the identical situation.&nbsp; The identical steps happened in my turbotax home and business cd (with updates) edition.</P><P>I bought a home with a 640k mortgage in 2018.&nbsp; I refinanced in 2019.&nbsp; So I entered the two 1098's I received and Turbotax overrides me (when I click that "none of these apply to me" at the screen about whether my mortgages total more than 750k) and seems to add together the amounts, even though it obviously is the same mortgage.&nbsp; I've tried a dozen times to get it do the right thing, but it won't let me.&nbsp;</P>
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<pubDate>Sun, 26 Jan 2020 04:00:41 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015851#M114038
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<dc:creator>MichNoah</dc:creator>
<dc:date>2020-01-26T04:00:41Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015919#M114043
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<P>I should add that Turbotax correctly reports (from my 1098's) that I have paid 15k in property taxes and 26k in mortgage interest, but then insists that I take the Standard 24k deduction.&nbsp; (Even if only 10k of the property taxes are now deductible, that still means I have 36k in deductions from mortgage interest and taxes alone--obviously a lot more than 24k.)&nbsp; Clearly it is adding together my 640k mortgages (which are a single mortgage that got refinanced) and disallowing the interest.</P>
</description>
<pubDate>Sun, 26 Jan 2020 04:33:39 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1015919#M114043
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<dc:creator>MichNoah</dc:creator>
<dc:date>2020-01-26T04:33:39Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016222#M114064
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<P><SPAN>My situation is the exactly the same. &nbsp;I did switch to the forms entry and corrected the answer to the limitation question. It fixed the problem but it shouldn’t be necessary to correct an entry &nbsp;due to a TT software problem.&nbsp;</SPAN></P>
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<pubDate>Sun, 26 Jan 2020 09:00:07 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016222#M114064
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<dc:creator>jake93</dc:creator>
<dc:date>2020-01-26T09:00:07Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016460#M114083
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<P>Can you tell me where exactly to do that in the Forms entry?&nbsp; I switched to forms entry, found the form, tried changing some things, but nothing worked.&nbsp; I'd be happy to be told what exactly to change to get this right.</P><P>&nbsp;</P><P>I doubt we are the only ones who refinanced a house with a mortgage somewhere between 500k and 750k in 2019!</P><P><BR />Noah</P>
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<pubDate>Sun, 26 Jan 2020 14:08:49 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1016460#M114083
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<dc:creator>MichNoah</dc:creator>
<dc:date>2020-01-26T14:08:49Z</dc:date>
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<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
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<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1017631#M114176
</link>
<description>
<P>I went in the forms and opened the Tax &amp;&nbsp;Int Wks.&nbsp; Near the "bottom" there is a Mortgage Interest Limited Smart Worksheet in the Interest Deductions section.&nbsp; I changed the “Does your mortgage interest need to be limited?" to "No".&nbsp;<BR />I also went each 1098 form and verified everything was correct. I need need to check the box asking if the loan had been refinanced.&nbsp;</P>
</description>
<pubDate>Sun, 26 Jan 2020 19:54:36 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1017631#M114176
</guid>
<dc:creator>jake93</dc:creator>
<dc:date>2020-01-26T19:54:36Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1019011#M114257
</link>
<description>
<P>Thank you SO MUCH.&nbsp; That worked.</P><P>Noah</P>
</description>
<pubDate>Mon, 27 Jan 2020 02:10:54 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1019011#M114257
</guid>
<dc:creator>MichNoah</dc:creator>
<dc:date>2020-01-27T02:10:54Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1057469#M117382
</link>
<description>
<P><FONT color="#ff6600"><STRONG>May I inquire of each of you users in this thread</STRONG></FONT>:&nbsp; Have any of you successfully e-filed your return?&nbsp; I ask because TurboTax typically prohibits e-filing if the program is overridden in Forms mode.&nbsp; I'm curious if the program is considering your changes in the worksheets an override.&nbsp; Thanks in advance.</P>
</description>
<pubDate>Sat, 01 Feb 2020 02:24:28 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1057469#M117382
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2020-02-01T02:24:28Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1101794#M121130
</link>
<description>
<P>This is definitely still an issue. &nbsp;Having the same problem. &nbsp;Overriding in forms will resolve the input on the actual forms, but then how do we revert back to the easy steps and efile? &nbsp;Appreciate everyone who has commented, but I sure wish we could get some turbo tax eyes on this!</P>
</description>
<pubDate>Thu, 06 Feb 2020 23:22:31 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1101794#M121130
</guid>
<dc:creator>toddfoss1</dc:creator>
<dc:date>2020-02-06T23:22:31Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1102465#M121183
</link>
<description>
<P>Are there any users in this thread that would be willing to submit a diagnostic file to TurboTax regarding this issue?&nbsp; TurboTax has yet been unable to duplicate the issue, and a diagnostic file from any of you would be tremendously helpful.</P> <P>&nbsp;</P> <P>Please reply on this thread if any of you are willing to share your file for diagnostic purposes.</P> <P>&nbsp;</P> <P>Thanks so much!</P>
</description>
<pubDate>Fri, 07 Feb 2020 00:44:41 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1102465#M121183
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2020-02-07T00:44:41Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1103953#M121280
</link>
<description><P>Here's some ideas:<BR /><BR /></P></description>
<pubDate>Mon, 10 Feb 2020 03:12:12 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1103953#M121280
</guid>
<dc:creator>SuzK</dc:creator>
<dc:date>2020-02-10T03:12:12Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104001#M121284
</link>
<description>
<P>I’m totally willing to submit a diagnostic file.</P>
</description>
<pubDate>Fri, 07 Feb 2020 05:33:32 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104001#M121284
</guid>
<dc:creator>pugpapa75</dc:creator>
<dc:date>2020-02-07T05:33:32Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104077#M121289
</link>
<description>
<P>I will submit a file.&nbsp;<BR /><BR /></P><P>I have 3 1098s. Two of the 3 have amounts in box 2. The first 1098 is the original loan, r he second 1099 is a refinance and the 3rd is a transfer. We only have one loan. The amounts in box 2 are the balance on 1/1/19 for the original loan and the second 1098 reflects the balance on the acquisition &nbsp;date.&nbsp;</P>
</description>
<pubDate>Fri, 07 Feb 2020 06:03:20 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104077#M121289
</guid>
<dc:creator>jake93</dc:creator>
<dc:date>2020-02-07T06:03:20Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104083#M121290
</link>
<description>
<P>I haven’t filed my return. My return has passed all the error screens and is ready to submit.&nbsp;</P>
</description>
<pubDate>Fri, 07 Feb 2020 06:05:20 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1104083#M121290
</guid>
<dc:creator>jake93</dc:creator>
<dc:date>2020-02-07T06:05:20Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1105704#M121403
</link>
<description>
<P>Support reached out to me and I sent in a diagnostic file.</P>
</description>
<pubDate>Fri, 07 Feb 2020 16:12:13 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1105704#M121403
</guid>
<dc:creator>pugpapa75</dc:creator>
<dc:date>2020-02-07T16:12:13Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1107845#M121595
</link>
<description>
<P><LI-USER uid="808125"></LI-USER> Thank you so much!&nbsp; Maybe TT can figure out what's going on and fix it!</P>
</description>
<pubDate>Fri, 07 Feb 2020 20:39:26 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1107845#M121595
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2020-02-07T20:39:26Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1114537#M122168
</link>
<description>
<P>Yes, I successfully e-filed after I change the box in the Forms entry.</P><P>&nbsp;</P><P>By the way, no one mentioned it but I once spent an hour typing the details of the DATES that one loan was paid off and then the new loan started, thinking that would tell the program that it's the same loan.&nbsp; That did not work.&nbsp;</P><P>&nbsp;</P><P>Only the forms entry checkbox change worked.</P>
</description>
<pubDate>Sat, 08 Feb 2020 20:35:42 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1114537#M122168
</guid>
<dc:creator>MichNoah</dc:creator>
<dc:date>2020-02-08T20:35:42Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119429#M122645
</link>
<description>
<P>All,</P><P>&nbsp;</P><P>I was having this same problem. Kept applying the limit (adding I think the original and refi amounts) and then putting me into a standard deduction. To fix it what worked for me was that at the point where I was asked if the limits apply, I said "no." But, I did not click "continue" but instead saved the file and exited TurboTax. Then reopened it and went onto the next section manually. This got me all the way through federal and state checks and it is ready to efile. Haven't done that yet as this is my first pass through and I like to come back a week later and re-check everything. But I think it got me past the problem.</P>
</description>
<pubDate>Sun, 09 Feb 2020 18:20:57 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119429#M122645
</guid>
<dc:creator>moorek</dc:creator>
<dc:date>2020-02-09T18:20:57Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119626#M122660
</link>
<description>
<P>I am having the exact same issue.&nbsp; I have 3 1098's, first is the original loan, second is the refinanced loan, and third is the bank my loan was sold to.&nbsp; Every time I get to the question about limiting mortgage interest if these situations apply to me it defaults to Yes, but I select No and I get the error that "Limited interest and points must be entered" on the Mortgage Interest Limited Smart Worksheet.</P>
</description>
<pubDate>Sun, 09 Feb 2020 18:45:07 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1119626#M122660
</guid>
<dc:creator>AndyT83</dc:creator>
<dc:date>2020-02-09T18:45:07Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1139911#M124217
</link>
<description>
<P>In 2019 My mortgage company sold my loan.&nbsp; I also did a refinance.&nbsp; I did not pull out any money.&nbsp; When i enter in all three 1098s it shows that I owe 3,600 federal and get back right at 4k state, so I am $350 to the good.&nbsp; However, in error check process it wants me to check limited interest box and then changes my return to owing 8,800 and only 2k return state.&nbsp; I have had to delete two files and start over and the exact thing happens each time.&nbsp; It is adding the three loan values together and so it looks like my home is over a million when it is only 414k.&nbsp; In looking at message boards many others are having this issue.&nbsp; Do you know when this bug will be resolved?&nbsp;</P>
</description>
<pubDate>Wed, 12 Feb 2020 13:33:13 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1139911#M124217
</guid>
<dc:creator>Shannon Hayes</dc:creator>
<dc:date>2020-02-12T13:33:13Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1152725#M125380
</link>
<description>
<P>When you enter the information for the second and third 1098 forms into TurboTax the amount in <STRONG>Box 2 </STRONG>needs to be <STRONG>$0</STRONG> for both 1098 forms.&nbsp; Box 2 is asking for the outstanding balance for the loan as of <STRONG>01/01/2019&nbsp;</STRONG>for both the sold loan and the refinanced loan the amount is $0.</P> <P>&nbsp;</P> <P>Once you have change this information in TurboTax it will not limit the amount of mortgage interest you can deduct.</P>
</description>
<pubDate>Fri, 14 Feb 2020 13:52:21 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1152725#M125380
</guid>
<dc:creator>DianeC958</dc:creator>
<dc:date>2020-02-14T13:52:21Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1156765#M125633
</link>
<description>
<P><LI-USER uid="743948"></LI-USER> Users have reported that TT program will not accept a value of -0- in Box 2.&nbsp; One other user has entered a $1 value in Box 2 for subsequent 1098's entered after the first one.&nbsp; I "think" they were able to successfully e-file.&nbsp; What do you think about this resolution so these folks can get their returns filed?&nbsp; Thank you!</P>
</description>
<pubDate>Sat, 15 Feb 2020 00:37:48 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1156765#M125633
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2020-02-15T00:37:48Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1157991#M125721
</link>
<description>
<P>Box 2 is the loan balance as of 1/1/19 or the acquisition date. It is possible for more than one of the 1098s to have a dollar amount greater than zero in box 2. &nbsp;Personally, I prefer the information I enter to match the actual 1098.&nbsp;<BR />I completed and efiled my return with the work-around posted in this thread.&nbsp;</P><P>I hope TT actually listens and fixes the issue.&nbsp;</P><P>&nbsp;</P>
</description>
<pubDate>Sat, 15 Feb 2020 10:37:42 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1157991#M125721
</guid>
<dc:creator>jake93</dc:creator>
<dc:date>2020-02-15T10:37:42Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164199#M126229
</link>
<description>
<P>I am not a tax professional but I am not sure entering something different than the 1098 is the correct solution here.&nbsp; I think that is the reason there is a followup question after entering the 1098s to see if the mortgage interest limit really applies to you....but due to a bug in the program its not working correctly.&nbsp; It seems like the easiest thing would be to just fix the bug.&nbsp; Has anyone heard from TurboTax on if they are working on this issue?</P>
</description>
<pubDate>Sun, 16 Feb 2020 14:33:36 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164199#M126229
</guid>
<dc:creator>AndyT83</dc:creator>
<dc:date>2020-02-16T14:33:36Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164398#M126245
</link>
<description>
<P><LI-USER uid="1145426"></LI-USER> Even with users submitting diagnostic files, it seems TT has been unable to duplicate the error.&nbsp; (I don't get it).&nbsp; I'm linking below another thread where users are experiencing the same issue and some have offered workarounds.&nbsp; Since TurboTax hasn't published an official workaround, I can't offer an official solution.&nbsp; But you may be able to complete your filing with something you find here.&nbsp;</P> <P>&nbsp;</P> <P><A href="https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-to-enter-two-or-more-1098-s-when-the-loan-servicing-company-changes/01/1087938#M120015" target="_blank">https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-to-enter-two-or-more-1098-s-when-the-loan-servicing-company-changes/01/1087938#M120015</A></P> <P>&nbsp;</P> <P>I'm sorry for the frustration. &nbsp;</P>
</description>
<pubDate>Sun, 16 Feb 2020 15:20:34 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1164398#M126245
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2020-02-16T15:20:34Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174288#M127122
</link>
<description>
<P>This is a definite error in TT.&nbsp; I am having the same issue.&nbsp; My loan was sold to a different lender.&nbsp; I enter in both 1098's accurately.&nbsp; TT error check wants me to enter in limit/int points.&nbsp; I was really confused.&nbsp; It ended up dropping me down to standard deduction, which will make a difference of $3k.&nbsp; It seems to want to combine my two 1098's into a total mortgage over the threshold even though the actual mortgage is only about $500k.&nbsp; What's worse is that trying to troubleshoot it out on my own (thinking I messed up somewhere) has screwed up my return to the point where I think I'm going to have to start my return all over from scratch.&nbsp; I was all ready to file and the error check made me go back to "fix" a perceived problem in my return, which was really just an error in TT's software.&nbsp; Otherwise it would have been ready to file.</P>
</description>
<pubDate>Mon, 17 Feb 2020 22:34:27 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174288#M127122
</guid>
<dc:creator>irishstevenson</dc:creator>
<dc:date>2020-02-17T22:34:27Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174932#M127176
</link>
<description>
<P>I’m really not understanding the problem at this point. &nbsp;With all the diagnostic files that have been submitted, TT should have some idea what’s going on. &nbsp;At this point, I’m giving them another week to get their act together or I’m switching products. &nbsp;I’ve been a loyal TT customer for 15 years but this is unacceptable!</P>
</description>
<pubDate>Mon, 17 Feb 2020 23:54:59 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1174932#M127176
</guid>
<dc:creator>pugpapa75</dc:creator>
<dc:date>2020-02-17T23:54:59Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1224578#M130999
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">There is a workaround for this.&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">&nbsp;</SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">For desktop versions:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In <STRONG>Forms </STRONG>view, locate and click on <STRONG>Tax &amp; Int Wks </STRONG>on the left from the forms list</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">On the form, scroll to<STRONG> Mortgage Interest Limited Smart Worksheet</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click on <STRONG>NO</STRONG> to the right of the question, <EM>Does your mortgage interest need to be limited</EM></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">For online versions:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Under <STRONG>Deductions &amp; Credits</STRONG>, expand the menu for <STRONG>Your Home</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click <STRONG>Start/Revisit</STRONG> next to <STRONG>Mortgage Interest and Refinancing (Form 1098)</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click through until you get to a screen that says <EM>Do any of these situations apply to you?</EM> Mark <STRONG>Yes.</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">On the next screen, <STRONG>take out the zero</STRONG>.</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click back and choose <STRONG>No</STRONG>.</SPAN></SPAN></LI> </UL>
</description>
<pubDate>Tue, 25 Feb 2020 01:44:50 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1224578#M130999
</guid>
<dc:creator>VictoriaD75</dc:creator>
<dc:date>2020-02-25T01:44:50Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1238522#M131859
</link>
<description>
<P>This solution fixed my problem.&nbsp; Thanks!</P>
</description>
<pubDate>Wed, 26 Feb 2020 22:24:53 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1238522#M131859
</guid>
<dc:creator>wemismith</dc:creator>
<dc:date>2020-02-26T22:24:53Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1240338#M131948
</link>
<description>
<P><LI-USER uid="1448521"></LI-USER> HOORAY!&nbsp; Everyone, see&nbsp;<LI-USER uid="744031"></LI-USER> 's solution that worked for one user!</P>
</description>
<pubDate>Thu, 27 Feb 2020 02:28:33 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1240338#M131948
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2020-02-27T02:28:33Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1242941#M132073
</link>
<description>
<P><LI-USER uid="744031"></LI-USER>&nbsp;this workaround was suggested on Jan 23rd by another user. When is was suggested TT said if a form is manually changed it voids any TT guarantee. Would you be able to clarify this information?</P><P>&nbsp;</P><P>Is TT going to actually fix the bug?</P>
</description>
<pubDate>Thu, 27 Feb 2020 16:27:33 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1242941#M132073
</guid>
<dc:creator>jake93</dc:creator>
<dc:date>2020-02-27T16:27:33Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1249195#M132568
</link>
<description>
<P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Do not alter the 1098. Enter the 1098(s) as reported. Box 2 should not be blank. Box 2 is the balance of the loan on 01-01-2019 OR the balance on the day the loan was taken out in 2019. Answer the interview questions carefully. </SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">If you get an error concerning the balance, please follow these directions: </SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><U><SPAN style="font-size:12.0pt">ONLINE USERS:</SPAN></U></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Please go back to the Home Mortgage Interest section:</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click<STRONG> Federal</STRONG> on the left side-bar</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click <STRONG>Deductions &amp; Credits</STRONG> along the top</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt"><SPAN style="color:black">Scroll down to <EM>“Mortgage Interest and Refinancing (Form 1098)” </EM>Click <STRONG>Edit/Add</STRONG> </SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt"><SPAN style="color:black">Scroll down the “Here’s your 1098 info” screen and click <STRONG>Done. </STRONG></SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt"><SPAN style="color:black">Next screen asks <EM>“Do any of these situations apply to you?” </EM>Select <STRONG>“Yes, one or all of these situations apply to me.” </STRONG>and <STRONG>Continue</STRONG>.</SPAN></SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">On the following screen, you will see the “Original amount”.</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Enter the amount you can claim as a Home Mortgage Interest deduction in the “Adjusted amount” box. The Adjusted amount cannot be larger than the original amount or you will receive an error when trying to file. Instructions on who needs to adjust interest and how to calculate are available by clicking the blue “Help me figure this out” link. </SPAN></SPAN></SPAN></P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/ceb90d82-cf54-424a-a02c-13f91b76983a.default.PNG" style="height:148px; width:256px" /><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/2d588aa1-05bf-408b-822b-932bfd3e2d58.default.PNG" style="height:119px; width:256px" /></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><U><SPAN style="font-size:12.0pt">DESKTOP USERS:</SPAN></U></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Go into Forms (top right)<BR /> Enter the amount on Tax &amp; Int Wks<BR /> Mortgage Interest Limited Smart Worksheet section<BR /> Line A2</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">OR </SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Step by Step</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Federal</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Deductions &amp; Credits</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Mortgage Interest, Refinancing and Insurance Click Update</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click Done</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Click Yes, one or both of these situations apply to me. And Continue</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:11pt"><SPAN style="font-family:Calibri,sans-serif"><SPAN style="font-size:12.0pt">Enter the Adjusted amount and Continue</SPAN></SPAN></SPAN></P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/0a052c08-9320-4a50-afdb-a732ebe7b083.default.PNG" style="height:129px; width:256px" /><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/30e3f74b-c43e-4711-8afa-3a4362ed5b27.default.PNG" style="height:136px; width:256px" /></P> <P>&nbsp;</P> <P>&nbsp;</P>
</description>
<pubDate>Fri, 28 Feb 2020 22:11:25 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1249195#M132568
</guid>
<dc:creator>KrisD15</dc:creator>
<dc:date>2020-02-28T22:11:25Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255949#M133324
</link>
<description>
<P>I feel you!&nbsp; This is what happened to me.... I think I started my return at 1 and should have been done at 2 30 at the latest ..... after all the trouble shooting I was done at 630 PM.....&nbsp; Im not happy...</P>
</description>
<pubDate>Mon, 02 Mar 2020 04:05:29 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255949#M133324
</guid>
<dc:creator>Papascrubs</dc:creator>
<dc:date>2020-03-02T04:05:29Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255951#M133325
</link>
<description>
<P>This only works if you do not hit continue after you do this.&nbsp; You have to then go to another form from the list at the top.</P>
</description>
<pubDate>Mon, 02 Mar 2020 04:06:41 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255951#M133325
</guid>
<dc:creator>Papascrubs</dc:creator>
<dc:date>2020-03-02T04:06:41Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255958#M133327
</link>
<description>
<P>But why would you click yes if your loan amount is under the threshold?&nbsp; TT is adding the the refi to to the original loan and putting people over the limit.</P>
</description>
<pubDate>Mon, 02 Mar 2020 04:10:02 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1255958#M133327
</guid>
<dc:creator>Papascrubs</dc:creator>
<dc:date>2020-03-02T04:10:02Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1256633#M133381
</link>
<description>
<P><LI-USER uid="1498762"></LI-USER>&nbsp; my question exactly &nbsp;&nbsp;<LI-USER uid="743984"></LI-USER>&nbsp;why should a filer check the “yes” box when correct answer is “no”?</P><P>&nbsp;</P>
</description>
<pubDate>Mon, 02 Mar 2020 15:18:52 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1256633#M133381
</guid>
<dc:creator>jake93</dc:creator>
<dc:date>2020-03-02T15:18:52Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1259398#M133613
</link>
<description>
<P>I just spend 10 hours trying to fix this issue of the home loan interest and refinancing with 2 lenders and 2 loans being purchased by another bank.&nbsp; The Turbo tax assistant who I called said it is an obvious bug but we got cut off before she remedied it.&nbsp; Im tired of working on it-</P><P>&nbsp;</P><P>This is how I solved it.....&nbsp; A -you can do it with the forms and not use easy steps but this is time consuming and complicated.&nbsp; B- When you get to the yes my loan is over 1mil or no it does neither of these situations apply you can leave the no box checked and NOT hit continue.&nbsp; Instead just click on deductions on the top and continue onto the next section.&nbsp; Error check will pass and it may ask for an amount of the loan in one where the 1098 was left blank.&nbsp; Just put 0.&nbsp; It may ask for total fair value of home, you can enter that amount as you know or from your last appraisal.&nbsp; &nbsp;WOW I hope Intuit fixes this Turbo tax problem.&nbsp; Also as a side note if you call support and you have a mac there is a great chance they will not be able to see your screen with the 1st method they try.&nbsp; There is another method called Glance which my first support rep did not know about so she hung up on me.&nbsp; Make sure they try the 2nd method for you to see your screen and help with the turbo tax issue for FY 2019.</P>
</description>
<pubDate>Mon, 02 Mar 2020 22:59:36 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1259398#M133613
</guid>
<dc:creator>Papascrubs</dc:creator>
<dc:date>2020-03-02T22:59:36Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1263276#M133903
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Entering "no" is a way to allow you to file.&nbsp;&nbsp;</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">As long as you know and have proof to show that the amount is below the threshold for the limit, your return would be fine to file.</SPAN></SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><A href="https://ttlc.intuit.com/community/credits-and-deductions/help/can-i-deduct-my-mortgage/00/25755" target="_blank">Mortgage deduction rules</A></SPAN></SPAN></P>
</description>
<pubDate>Tue, 03 Mar 2020 19:40:50 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1263276#M133903
</guid>
<dc:creator>JotikaT2</dc:creator>
<dc:date>2020-03-03T19:40:50Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1320834#M138796
</link>
<description>
<P>Thank you! How would anyone figure this out on their own?</P>
</description>
<pubDate>Sun, 15 Mar 2020 21:26:06 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1320834#M138796
</guid>
<dc:creator>LSomers1956</dc:creator>
<dc:date>2020-03-15T21:26:06Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1346049#M140917
</link>
<description>
<P>I finally found out how to fix this. For Turbo Tax Online:</P><P>&nbsp;</P><P>1. Go to Forms</P><P>2. Select "Delete Forms"</P><P>3. Delete "<SPAN>Tax and Interest Deduction Worksheet"</SPAN></P><P>&nbsp;</P><P><SPAN>This should reset things (and maybe more) but will get you unstuck.</SPAN></P>
</description>
<pubDate>Sun, 22 Mar 2020 01:59:08 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1346049#M140917
</guid>
<dc:creator>sir strawberry</dc:creator>
<dc:date>2020-03-22T01:59:08Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1476994#M148690
</link>
<description>
<P>Where do you find Forms on the online version???</P>
</description>
<pubDate>Wed, 15 Apr 2020 15:20:24 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1476994#M148690
</guid>
<dc:creator>Hoyden</dc:creator>
<dc:date>2020-04-15T15:20:24Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1477043#M148694
</link>
<description>
<BLOCKQUOTE><HR /><LI-USER uid="2006934"></LI-USER>&nbsp;wrote:<BR /> <P>Where do you find Forms on the online version???</P> <HR /></BLOCKQUOTE> <P>Using the TurboTax online editions there is no direct access to any forms, schedules or worksheets.&nbsp; That option is only available when using the desktop CD/Download editions.</P>
</description>
<pubDate>Wed, 15 Apr 2020 15:23:10 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1477043#M148694
</guid>
<dc:creator>DoninGA</dc:creator>
<dc:date>2020-04-15T15:23:10Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484335#M148978
</link>
<description>
<P>I have the same issue....that is causing the system to not itemize or include it.</P>
</description>
<pubDate>Wed, 15 Apr 2020 21:38:35 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484335#M148978
</guid>
<dc:creator>theurbanartisans</dc:creator>
<dc:date>2020-04-15T21:38:35Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484429#M148984
</link>
<description>
<P>Unchecking the box resolves the issue, but if I go back to review, the problem recreates itself. It must be adding the loans without considering that it's double-dipping because it was a refi and not an additional amount.</P>
</description>
<pubDate>Wed, 15 Apr 2020 21:43:42 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1484429#M148984
</guid>
<dc:creator>theurbanartisans</dc:creator>
<dc:date>2020-04-15T21:43:42Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1513509#M150138
</link>
<description>
<P>It is obvious that Turbo Tax is not processing the 1098s properly (they are not asking enough questions and are treating each 1098 as if it a separate loan. This late into the season the Intuit should have already fixed these. It is obvious that Corporate Leaders of Intuit (Turbo Tax) no longet care about the quality of their product. They don't want to spend the money.</P>
</description>
<pubDate>Mon, 20 Apr 2020 11:16:49 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1513509#M150138
</guid>
<dc:creator>ricod</dc:creator>
<dc:date>2020-04-20T11:16:49Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1633844#M155994
</link>
<description>
<P>I have updated TT to the most current update. &nbsp;&nbsp; I see not place to indicate that the loan is the refinancing of another loan. &nbsp;&nbsp; When I answer no to the question no to the two questions (was loan over $1mm or $750k) then hit done, TT is changing the answer back to yes and limiting the deduction. &nbsp;&nbsp; All we did is refinance the original mortgage from 2012 during 2019.&nbsp; The average loan amount is above $750k in 2019, however since you look back to the date of the original loan, this limitation should not apply. &nbsp;&nbsp; What am I missing? &nbsp;&nbsp;</P>
</description>
<pubDate>Sun, 14 Jun 2020 22:15:05 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1633844#M155994
</guid>
<dc:creator>lkkjburns</dc:creator>
<dc:date>2020-06-14T22:15:05Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1634432#M156032
</link>
<description>
<P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Try one of these workarounds:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">In <STRONG>Forms </STRONG>view, locate and click on <STRONG>Tax &amp; Int Wks </STRONG>on the left from the forms list</SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">On the form, scroll to<STRONG> Mortgage Interest Limited Smart Worksheet</STRONG></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Click on <STRONG>NO</STRONG> to the right of the question, <EM>Does your mortgage interest need to be limited</EM></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Or:</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">In "Forms," find the "Tax and Interest Deduction Worksheet."&nbsp;</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">Scroll down to the Mortgage Interest Limited Smart Worksheet."</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">If field A 1 is blank, right click it, and select "Override", then write in the total of mortgage interest paid, from all 1098 forms.</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">Once field A 1 has the&nbsp;total of mortgage interest paid, copy that amount.</SPAN></SPAN></SPAN></LI> <LI><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#2e2e2e">If field A 2 is blank,&nbsp;right click it, and select "Override", then AGAIN&nbsp; write in the total of mortgage interest paid, from all 1098 forms.</SPAN></SPAN></SPAN></LI> </UL> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#333333">The limit on the amount of interest has changed under the Tax Cuts &amp; Jobs Act. The interest deduction pre-TCJA has been available to qualified mortgage debt up to $1 million ($500,000 married filing separately).</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#333333">&nbsp;</SPAN></SPAN></SPAN></P> <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif"><SPAN style="color:#333333">Through 2025, the TCJA has lowered the amount of qualified mortgage debt to $750,000. For qualified mortgage debt incurred on or before December 15, 2017, the $1 million limit remains in place, thus "grandfathering" existing mortgage debt.</SPAN></SPAN></SPAN></P>
</description>
<pubDate>Mon, 15 Jun 2020 12:19:57 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1634432#M156032
</guid>
<dc:creator>VictoriaD75</dc:creator>
<dc:date>2020-06-15T12:19:57Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649735#M157146
</link>
<description><P>Thank you!</P></description>
<pubDate>Mon, 29 Jun 2020 00:42:35 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649735#M157146
</guid>
<dc:creator>ruanys</dc:creator>
<dc:date>2020-06-29T00:42:35Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649741#M157147
</link>
<description><P>You are welcome!</P></description>
<pubDate>Mon, 29 Jun 2020 00:45:36 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1649741#M157147
</guid>
<dc:creator>DawnC</dc:creator>
<dc:date>2020-06-29T00:45:36Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1670643#M159379
</link>
<description>
<P>Thank you so much!&nbsp; Seems to be a bug in the program that should have been fixed, but I'm glad that resourceful individuals like you have figured out the work-around. &nbsp;</P>
</description>
<pubDate>Sat, 11 Jul 2020 22:06:43 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1670643#M159379
</guid>
<dc:creator>jboettcher1</dc:creator>
<dc:date>2020-07-11T22:06:43Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1835037#M171815
</link>
<description>
<P>I still have this bug and the online work arounds are not working. I never get a page that says do any of these situations apply after entering 1098s</P>
</description>
<pubDate>Wed, 27 Jan 2021 21:46:00 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1835037#M171815
</guid>
<dc:creator>acable</dc:creator>
<dc:date>2021-01-27T21:46:00Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1849673#M173525
</link>
<description>
<P>After testing, it appears to be working correctly as long as the questions are answered about refinance.&nbsp;<SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">It's important to answer the questions appropriately for <STRONG>TurboTax</STRONG> to recognize that one loan is a refinance and the other was the original loan.&nbsp;&nbsp;</SPAN></SPAN><SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">If you go through the questions carefully, you should obtain the correct results.&nbsp; (see the image below for the specific page)</SPAN></SPAN></P> <UL> <LI><SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">Helpful link: </SPAN></SPAN><A href="https://ttlc.intuit.com/community/entering-importing/help/how-do-i-handle-multiple-1098-mortgage-forms/00/26922" target="_blank"><SPAN style="font-size:11.0pt"><SPAN style="font-family:Calibri">How to handle multiple Forms 1098</SPAN></SPAN></A></LI> </UL> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/e3dbe447-0b13-4977-80b1-b910c0fbd2b1.default.png" /></P>
</description>
<pubDate>Sun, 31 Jan 2021 13:48:54 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1849673#M173525
</guid>
<dc:creator>DianeW777</dc:creator>
<dc:date>2021-01-31T13:48:54Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851072#M173734
</link>
<description>
<P>Hey users that in this thread:&nbsp; Will you please report back here and let me know if&nbsp;<LI-USER uid="2903090"></LI-USER>&nbsp;'s solution has worked for you?&nbsp; And thank you, Diane, for posting here!&nbsp; This has been an issue for a couple of years now.</P>
</description>
<pubDate>Sun, 31 Jan 2021 19:11:47 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851072#M173734
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2021-01-31T19:11:47Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851119#M173740
</link>
<description>
<P>Hey,&nbsp;</P><P>this thread outlines many people with the same issue but none of the fixes given in either thread work... please look into this turbotax&nbsp;<LI-USER uid="2903090"></LI-USER>&nbsp;<LI-USER uid="122"></LI-USER>&nbsp;</P><P><A href="https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-bug-with-refinance-on-a-large-mortgage/01/1851031#M173729" target="_blank" rel="noopener">https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-bug-with-refinance-on-a-large-mortgage/01/1851031#M173729</A></P><P>&nbsp;</P>
</description>
<pubDate>Sun, 31 Jan 2021 19:20:24 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1851119#M173740
</guid>
<dc:creator>acable</dc:creator>
<dc:date>2021-01-31T19:20:24Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1852400#M173899
</link>
<description>
<P><LI-USER uid="3010096"></LI-USER>&nbsp;I have reported this issue to TurboTax Moderators.&nbsp; It was actually an issue in 2019, as well.&nbsp; I'm sorry that&nbsp;<LI-USER uid="2903090"></LI-USER>&nbsp;'s solution didn't work.&nbsp; I was hopeful!</P> <P>&nbsp;</P> <P>I'm working to find out if anyone recalls the workaround from 2019, because I remember that there was one.&nbsp; Let me stir the pot a little more.&nbsp; I'll post back here if I can offer any help!&nbsp; I am so, so sorry.</P>
</description>
<pubDate>Sun, 31 Jan 2021 22:51:36 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1852400#M173899
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2021-01-31T22:51:36Z</dc:date>
</item>
<item>
<title>
Re: 2019 Limit Deductible Mortgage Interest Question Not working?
</title>
<link>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1873471#M176360
</link>
<description>
<P>Users:&nbsp; I've just learned of this TurboTax FAQ where you have an opportunity to sign up for email notifications when this issue has been resolved.</P> <P>&nbsp;</P> <P><A href="https://ttlc.intuit.com/community/tax-topics/help/why-is-my-home-mortgage-interest-being-limited/00/1863516" target="_self">Why is my home mortgage interest being limited?</A>&nbsp;</P>
</description>
<pubDate>Thu, 04 Feb 2021 18:11:02 GMT</pubDate>
<guid>
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-2019-limit-deductible-mortgage-interest-question-not-working/01/1873471#M176360
</guid>
<dc:creator>Kat</dc:creator>
<dc:date>2021-02-04T18:11:02Z</dc:date>
</item>
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