Mortgage Refinance

[DKB59]

TurboTax is not allowing me to claim interest paid on a refinanced mortgage for my primary residence.  In 2019 I was able to claim.  Why would this be?

[DanaB27]

Please be aware that can only deduct the interest from the amount of your loan that was used to buy, build, or improve the home that it’s secured by. If you’ve ever used part of this loan to pay for things other than this home, you cannot deduct the interest from that amount of the loan, even if the transaction didn’t take place this year.

Please answer the questions "Is this loan secured by a property of yours?" and  "Is this loan a home equity line of credit or a loan you've ever refinanced?" carefully.

If this does not fix your issue then you might have to delete and reenter your 1098 information. 

1. Login to your TurboTax Account 
2. Click on the Search box on the top and type “1098”
3. Click on “Jump to 1098"