No. That has not been fixed yet. Just to let you know that TurboTax must wait for the finalized document from the IRS in order to program our software. However, that is near now as the IRS is focusing on tax issues now that the Stimulus project is well under way.
This was the latest workaround that we have received.
steps to enter your mortgage information:
- Gather all of your 1098 forms related to your refinance (the form from your original lender and the form from your new lender)
- Grab a calculator and add together the box 1 amount from each form. Enter the total in TurboTax as Box 1 Mortgage interest.
- Add the Box 5 amount from each form and enter the total as Box 5 Mortgage insurance premiums. (If you weren’t required to pay mortgage interest, these boxes will be blank on your forms and you won’t enter anything.)
- Add the property tax paid from each form and enter it in the Property (real estate) taxes box.
Next, finish adding info for boxes 2, 3, 7, and 11 using Form 1098 for the original loan.
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