your $xx,xxx of mortgage interest is the same as HP3L12 because true.

[Ilikeowls]

@LinaJ2020 Your instructions make no sense for selling a home, then buying a home.

For example, suppose the first home was sold November 1, 2020 and the second home was bought the same day.

The first mortage was 300K

The second mortage was 900K

What do you put in the box for outstanding principle? Not 1.2M. Nope.

You need to use the IRS averaging method for each loan. You put in zeros for the month where the mortgage didn't exist. That will give you two average principles. Then you can add them together.

But this is silly. Fix the calculation. It's been wrong for two years. If you need help, Tax Act has it correct.

[Ilikeowls]

Put in, "AUDIT ME!"

That's horrible advice she gave.