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New Member
posted Jan 26, 2021 9:19:33 PM

My mortgage interest does not need to be limited, but the automated Tax and Interest Deduction Worksheet has "Yes" checked. How do I change this?

I think that this is because I refinanced and the automated form thinks that that means I need to limit what I can deduct, but that is not correct. I re-entered by 1098 info and it still won't go to No.

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3 Replies
Expert Alumni
Jan 27, 2021 8:52:34 AM

Select yes or Continue to move forward and then enter the full amount on the next screen if all the interest is allowed. 

The full amount of interest will be listed on the Schedule A. The worksheet does not get transmitted with your return. 

Level 1
Feb 24, 2021 6:02:04 PM

I have the exact same issue only mine is stuck on "No"

Level 9
Feb 25, 2021 8:05:51 AM

Some TurboTax customers were experiencing an issue with their Home Mortgage Average Balance. This can cause the Home Mortgage Interest to be incorrectly limited.

We have added some in-program help to assist with the entering of your home mortgage information.

For more information, please see the following article:

How do I handle multiple 1098 mortgage forms?

@pwillsey4