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Level 1
posted Mar 11, 2021 1:03:45 PM

TurboTax 2020 says to enter beginning principal on line F3 of the Mortgage Interest Limitation Smart Worksheet, but it won't let me make an entry in the box.

My mortgage interest amount is not limited. It's as if the box in line F3 of the worksheet is dead. Should I just leave this error unfixed and file anyway?

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1 Replies
Expert Alumni
Mar 11, 2021 1:50:49 PM

Only if the amount of your Mortgage deduction is showing accurately on the return. As long as the deduction is correct is all IRS cares about.  If  not, I suggest waiting until it is fixed.

 

There is a known problem with Home Mortgage Deduction.  TurboTax is working to fix the problem and the many other issues. There are many changes due to the CARES Act that require software upgrades.  We have not been given an  expected date for the fix yet.  Please check back often to see if you can file your return.