https://ttlc.intuit.com/community/home-loans/discussion/mortgage-interest-deduction-error/01/2395654#M1339 <P>All, &nbsp;</P><P>&nbsp;</P><P>I just tried to see if TurboTax fixed its erroneous calculation of deductible mortgage interest when you refinance your loan. &nbsp;If the two loan amounts when added together exceed the $750,000 &nbsp;( or $1,000,000) limitation even though each loan was less than the $750,000 ( or $1,000,000) limitation amount it appears that TurboTax is still not allowing you to deduct full interest, rather calculates as if loan amount is the combined amount and is above limit. &nbsp;TurboTax customer service, why didn’t you fix. &nbsp;I had some work arounds posted last year. &nbsp;<BR /><BR /></P><P>Anyone else try and see if it worked.</P> Sat, 08 Jan 2022 03:00:31 GMT GSD77 2022-01-08T03:00:31Z https://ttlc.intuit.com/community/home-loans/discussion/mortgage-interest-deduction-error/01/2395654#M1339 <P>All, &nbsp;</P><P>&nbsp;</P><P>I just tried to see if TurboTax fixed its erroneous calculation of deductible mortgage interest when you refinance your loan. &nbsp;If the two loan amounts when added together exceed the $750,000 &nbsp;( or $1,000,000) limitation even though each loan was less than the $750,000 ( or $1,000,000) limitation amount it appears that TurboTax is still not allowing you to deduct full interest, rather calculates as if loan amount is the combined amount and is above limit. &nbsp;TurboTax customer service, why didn’t you fix. &nbsp;I had some work arounds posted last year. &nbsp;<BR /><BR /></P><P>Anyone else try and see if it worked.</P> Sat, 08 Jan 2022 03:00:31 GMT https://ttlc.intuit.com/community/home-loans/discussion/mortgage-interest-deduction-error/01/2395654#M1339 GSD77 2022-01-08T03:00:31Z