We refinanced and our mortgage was then transferred to a new company. why is this counting as 3 new acquisition loans instead of 2? its pushing us over the 750K limit

erinelaine5 · ‎January 31, 2021

i under the refinance will count as an additional one. Just not why the transferring of the mortgage is counting as one as well

jlbrick · ‎January 31, 2021

This is a bug with Turbotax that so far they show no interest in fixing. See discussion here:

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

AlanT222 · ‎February 2, 2021

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.

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We refinanced and our mortgage was then transferred to a new company. why is this counting as 3 new acquisition loans instead of 2? its pushing us over the 750K limit