Hello, does the software calculate the maximum mortgage interest deduction on loans larger than $1,000,000 or do I have to manually calculate the interest paid on $1,000,000 in principal. For example, if I have a $2,000,000 loan do I only enter half of my mortgage interest paid into the software or will the software already cap the write off?
posted
last updated
June 03, 2019
1:38 PM