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jd711
New Member

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

I am trying to complete my taxes but the 1098 Mortgage Interest area says it is not ready yet and the IRS still working on this for 2022.  It is February 19, 2023 and I just installed this Premier Version to desktop (from Amazon) today.  I do not think this is right.  Is there a way around this?

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Accepted Solutions
rjs
Level 15
Level 15

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

Did you check for updates? The download from Amazon is probably an early release.


How do I update my TurboTax CD/Download software program?

 

View solution in original post

7 Replies
rjs
Level 15
Level 15

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

Did you check for updates? The download from Amazon is probably an early release.


How do I update my TurboTax CD/Download software program?

 

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

I have the Turbotax home and business desktop 2022 and the mortgage interests for 2022 in the itemized deductions form A is forcing me to take the standard but the total of the itemized deductions is more than the "single" standard deduction. it was working in 2021. any know bug? I received the 1098 and responded to all turbotax questions. Please help. Tahnks

MarilynG1
Expert Alumni

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

Try the steps outlined here in How to Switch from Standard to Itemized Deductions (or vice versa)

 

There is no known bug, but please post again if this does not resolve your issue.

 

@JG532

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Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

Thank you for the response but the mortgage interest of $14,395.00 is reported as zero on schedule A line 8A. therefore the total itemized is below the standard deduction for "single" based on the Qualified loan limit from IRS pub 936 (2022) I am eligible to take this home mortgage interest. I populated the 1098 into the questionnaire on Turbotax home and business, box 2 = 505,812.00, box 3: 02/26/2021 (original loan refinancing) and no point and loan is secured by home property... 

Please help me. Thanks

 

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

@JG532 There is a known issue with the mortgage interest deduction on Schedule A.

See this TurboTax support FAQ and to sign up for notifications - https://ttlc.intuit.com/turbotax-support/en-us/help-article/mortgage-loan/mortgage-interest-flowing-...

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

Thank you very much for the new link but I am not able to add myself on notification to follow when issue is resolved. So please add me. Any idea when is the ETA on this issue? Thanks

ChondelLO
Intuit Alumni

Desktop Premier Says "Mortgage Interest Deduction Area" not ready yet for 2022

@JG532 No ETA at the moment. Please visit the link below to sign up for notifications, as we are unable to add you to receive them.

 

Why isn't my mortgage interest flowing into my Schedule A? (intuit.com)

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