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Take a look at the following TurboTax article which was issued recently for instructions to enter your mortgage interest when you refinanced.
What do I do if I have multiple 1098s from refinancing my home debt?
Yes I did read that thread but after following the instructions, it did not solve this issue. Turboxtax continued to limit the amount of my eligible interest deduction. Since my loan was post 2018, I understand the max loan amount is $750K, which is true for me and since each of my refinancing did not exceed this amount and was to refinance my primary home (not secondary property or for any other use), I do not believe my interest should be reduced, unless there is another nuance to the rule that I am not aware of. Thank you.
Some TurboTax customers are experiencing the following error message when running the Federal Error Check
Check This Entry: Tax and Interest Deduction Worksheet: Limited Interest and Points must be entered
If you're experiencing the error above, please go here to receive email notifications when any updates related to this issue become available.
As a work around you can consolidate the 1098's and get an accurate result.
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