TurboTax Deluxe 2024 MAC
Application: 2024.r11.014
Build Date: Dec 25, 2024
ISSUE:
In the Deduction and Credit Tab, YOUR HOME, Mortgage Interest, Points, Refinancing, and Insurance - UPDATE
Upon Entering Mortgage data from a 1098 (on loan that was paid in full early in the calendar year) the Lender Reports "Real Estate Taxes Paid." If you plug in the number from the 1098 you CANNOT add the additional Property Taxes that the INDIVIDUAL paid after the loan was Paid in Full.
Example: If I go to the next line down "Property Taxes" and click 'UPDATE" TurboTax will not allow me to add the additional Property Taxes I paid. Instead, it says,
"We've got all your property tax info. Right now, the Standard Deduction saves you the most on your taxes."
That is a total fail because TurboTax will not allow me to enter more Property Taxes I paid vs the Lender.
To FIX this I suggest you add a selection of. "Was this Loan Paid Off in 2024?" Did you pay Property Taxes and if yes how much. Then add that to the Total Box in "Property Taxes."
