☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 8:39:14 PM

Why is my mortgage interest halved when entered.

Why is my mortgage interest halved when entered? My bank says I paid $7,612.97 in mortgage interest last year. I entered that amount when filling out my TurboTax form, but when I print our the return, the amount appears as $3,438. What's up?

0 4 827
4 Replies
Level 15
Jun 4, 2019 8:39:16 PM

Did you use the other 50% for your Business expense?

New Member
Jun 4, 2019 8:39:17 PM

Not that I know of.

New Member
Jun 4, 2019 8:39:18 PM

Here's additional information that may answer your question. 

https://ttlc.intuit.com/replies/7390145

New Member
Jun 4, 2019 8:39:20 PM

I did not use any of the loan to refinance or for home equity. It's all part of the original mortgage loan.