Do I just say 0? Is this because I received two 1098s, because the loan was bought by another company? Is TurboTax adding the loan amounts together and thinking that I have loans in excess of $750,000?
I am also in this same exact situation. I am guessing the question above the line A-2: Does your mortgage interest need to be limited: needs to be changed from yes to no, somehow. But, I can't figure out how to do it as it is greyed out.
I spent two hours on the phone with TurboTax yesterday and it was not resolved.
This is a known error that they had last year as well. You'd think they'd have gotten their act together.
Ok, So I tried out taxslayer as a different option and it is good to go. In fact I compared it to the numbers that turbotax was giving me and it is identical, just without the error. The error is 100% due to whatever form or algorithm turbotax is using to calculate their numbers.
Taxslayer was also cheaper. Give it a try, I'm done with turbotax
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.
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