1521330
You'll need to sign in or create an account to connect with an expert.
Check to be sure that it is not being limited if you have more than one 1098 entered.
For desktop versions:
For online versions, after entering the 1098 interest information, continue through the screens and TurboTax will ask you if the interest needs to be limited.
I think this is exactly what's happened, thank you so much for all the steps to fix it! Unfortunately I can't see all the screens you are posting here. I deleted and re-entered the 1098s multiple times and I still can't see these questions/selections. Any ideas on how to get to them?
Others have had the same problem and they said to clear everything and start over but I've put so much work into it, I'd prefer not to do that.
I'm having the same problem, did you find a fix by chance?
@nkerns5 wrote:
I'm having the same problem, did you find a fix by chance?
Try this -
For desktop versions:
For online versions:
I think that when you are in the step by step area to enter the mortgage information, the box to check Yes or No, Does your mortgage interested need to be limited? is not there and the answer defaults to Yes. If you go to the Tax Deduction Interest Worksheet to the Mortgage Interest Limited Smartsheet section, you will see the box is checked Yes. Switch it to No and watch your tax liability go down. Note that once checked no, the section is gone in the step by step area.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17523314011
Returning Member
eric6688
Level 1
mana1o
New Member
Shogun159
Level 3
AndrewA87
Level 4