https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1661063#M158322 I&nbsp;&nbsp;bought and sold a home in 2019. The sale took longer than expected, and I owned both for a few months. Accordingly, my total debt for 2019 exceeds the 750,000 limit. However, when I enter both 1098's, TurboTax considers *all* my mortgage interest paid in 2019 qualified for deduction, instead of just the interest up to the 750,000 limit. I don't know how to get it to apply the correct multiplier to my mortgage interest paid. I have tried entering and re-entering the 1098's several times. Tue, 07 Jul 2020 11:01:10 GMT malcdi2 2020-07-07T11:01:10Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1661063#M158322 I&nbsp;&nbsp;bought and sold a home in 2019. The sale took longer than expected, and I owned both for a few months. Accordingly, my total debt for 2019 exceeds the 750,000 limit. However, when I enter both 1098's, TurboTax considers *all* my mortgage interest paid in 2019 qualified for deduction, instead of just the interest up to the 750,000 limit. I don't know how to get it to apply the correct multiplier to my mortgage interest paid. I have tried entering and re-entering the 1098's several times. Tue, 07 Jul 2020 11:01:10 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1661063#M158322 malcdi2 2020-07-07T11:01:10Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1661099#M158325 <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>YES</STRONG>&nbsp;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, after entering the 1098 interest information, continue through the screens and TurboTax will ask you if the interest needs to be limited.</SPAN></SPAN></P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/fda8c386-431e-4a0a-a609-045fd68fef80.default.png" style="height:297px; width:512px" /></P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/f3106dc4-7fc7-476e-8d03-b2d394f9f6b0.default.png" style="height:238px; width:512px" /></P> Tue, 07 Jul 2020 12:19:21 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1661099#M158325 VictoriaD75 2020-07-07T12:19:21Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1662094#M158445 <P>Thanks! I am using the Premier online version, and do not get asked this question at any point between starting and filing. It just includes all of the interest in the deduction, which is over-claiming.</P> Tue, 07 Jul 2020 20:27:12 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-how-do-i-get-turbotax-to-apply-the-750-000-debt-limit-for-deductible-mortgage-interest-it-is/01/1662094#M158445 malcdi2 2020-07-07T20:27:12Z