When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

12k of interest on 1st 1098, 6k of interest on 2nd. but then proceeding wipes it all away. Why?

posted

Connect with an expert

4 Replies

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

Same issue

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

Some TurboTax customers are experiencing an issue with their Home Mortgage Average Balance. This can cause in the the Home Mortgage Interest to be incorrectly limited.

If you're experiencing the issue above, please go here to receive email notifications when any updates related to this issue become available.

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

See discussion here: https://ttlc.intuit.com/community/tax-credits-deductions/discussion/bug-with-refinance-on-a-large-mo...

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

Some TurboTax customers are experiencing an issue with their Home Mortgage Average Balance. This can cause the Home Mortgage Interest to be incorrectly limited.

If you're experiencing the issue above, please go here to receive email notifications when any updates related to this issue become available.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?

Make a post

Manage cookies

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

Get more help

Do you have a TurboTax Online account?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

Do you have an Intuit account?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

When I input my first 1098 for mortgage int., it gives me a refund. When I input my 2nd 1098 for same, it takes it all away. Why?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert