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My mortgage loan was sold so I have 2 Form 1098s. I entered both for my Home Office Deduction and clicked Done. When I move, it's only carries the first loan's interest.

Why won't it carry the interest from both loans? It is the same loan serviced by 1 bank for 5 months and the other for 7 months
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1 Reply
JoannaB2
Expert Alumni

My mortgage loan was sold so I have 2 Form 1098s. I entered both for my Home Office Deduction and clicked Done. When I move, it's only carries the first loan's interest.

Some TurboTax customers are experiencing an issue with their home mortgage average balance. This can cause the home mortgage interest to be incorrectly limited.  This may be affecting your tax return.

 

Please sign up for email notifications when an update related to this issue is available here.

 

See also this TurboTax Help.

 

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