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How to upgrade online software New York State 1t 196

I only have one 1098 and it still doesn't work for me.

How to upgrade online software New York State 1t 196

FYI was able to finally file this morning 

How to upgrade online software New York State 1t 196

Same here, I was able to file.  It appears they resolved the issue.

ekbl
Level 2

How to upgrade online software New York State 1t 196

If a single 1098 still creates an issue, I think the issue is the cap of the maximum mortgage interest amount that we can claim as "interest paid" under NYS IT-196. For example, Federal Sch. A allows all paid interest  up to $1M home mortgage for joint filings, but NYS IT-196 puts a cap on the actual paid interest amount.  This is something that TT has to update.

 

Consolidating into one 1098 may bypass the glitch if the total mortgage interest paid in 2021 is less than NYS IT-196 cap and there is no mortgage insurance on 1098.  NYS does not allow mortgage insurance premium into the deduction. 

 

How to upgrade online software New York State 1t 196

Confirming it appears the issue with multiple 1098s is now fixed for NY state, I was able to e-file this morning with no issue.

How to upgrade online software New York State 1t 196

This is now fixed.... thanks TT.... Sorry for getting frustrated - maybe we can use this as a learning lesson for next year... 

 

Thanks again.

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