Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
djmaggiora
New Member

FED Tax Mortgage Interest is not being properly calculated by turbo tax Need help

The mortgage interest is not automatically calculating on the fed tax side  but is on the state side.  I need help to calculate it on my own but it is very confusing because I have several mortgages on three properties.

3 Replies
AmyC
Expert Alumni

FED Tax Mortgage Interest is not being properly calculated by turbo tax Need help

You may want to contact a specialist that can work through that section of the return with you. These links may help:

Can I deduct interest on a home equity loan or a HELOC?  

Can I deduct mortgage points?

 I refinanced my home, what can I deduct?

How do I deduct mortgage interest if I co-owned the home?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
djmaggiora
New Member

FED Tax Mortgage Interest is not being properly calculated by turbo tax Need help

None of the answers are correct.  

ReginaM
Expert Alumni

FED Tax Mortgage Interest is not being properly calculated by turbo tax Need help

Can you please give us a little more information on what you are dealing with?  We do not have access to your TurboTax Account here on the Community Board.  How much is your mortgage loan(s)?  Do you have more than one mortgage?  Why, what is happening to make you think that TurboTax is not calculating it correctly?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v