Hi
I have a coop and have both my personal mortgage and my share of the coop's building mortgage, both origination dates are after the 2017 date but are refinances from an original purchase date prior to the change in the cap. When I put both of the amounts in, including the end of year principal amounts to work out the weighted amount of interest allowed as the deduction it zeros out the deduction. On forms view it shows data is not getting into the forms to work out the amount due and I can't overwrite it. I have tried deleting the entries, saving, restarting, and re-entering them but the same issue occurs. How do i fix this?
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Since we can't see your return in this forum, I'd suggest stepping through the interview for the 1098's for Mortgage Interest. Make sure you indicated that the mortgage is secured by the property, and that it was used to 'buy, build or improve' the home.
You could also try marking 'this is the most recent loan' for only one of the 1098's, if they both secure the same property. If that applies, you could also combine the 1098's into one entry.
Here's more info on handling Multiple Mortgage Interest Statements.
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