i have three 1098, due to refinancing. turbo tax is blowing up with this.
i put the outstanding mortgage balance at 1.0, to get it to accept, however it is limiting the amount of the interest deduction.
tried to call turbo tax for help, can't get through their computer.
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Please clarify what the three forms 1098 represent. We understand an original loan and a refinance loan, but what is the third one for?
Original loan
broker held mortgage for one month
new loan
3 1098, each showing interest paid and mortgage balance. I had to manipulate the system to get it to show the total mortgage interest. I could not follow turbo tax. This wails be so much easier, if someone got on the phone and shared a scree.
IS ANYONE GOING TO ANSWER MY QUESTIONS ?
WHY CAN'T I TALK TO SOMEONE, WOULD HAVE BEEN SO MUCH EASIER ?
We appreciate your experience. A token may be the best idea to get specific assistance for your situation. If you like, you can send a copy of your return that will be scrubbed to eliminate your personal data by using these steps:
TurboTax Online: Go to the black panel on the left side of your program and select Tax Tools.
TurboTax CD/Download:
We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution.
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