There are some threads about this issue since 2021. But why I am still seeing this issue after 3 years?!
From previous threads on this topic, people were advised to combine 1098 forms, if there is refinance, to reduce the number of 1098 forms under 5. What is there is no refinance and there are still more than 5 1098 forms?
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If each Form 1098 is for a different property, enter the 1098 in the area of the return that applies.
For your primary and secondary residence, enter those two Forms 1098 under Deductions and Credits. Where prompted by the program, identify which is for the primary and which is for the secondary residence.
If you have two 1098's for one home because a loan was sold to another lender, it’s not the same as a refinance, but you’ll still need to enter each 1098 separately. Follow the steps below for this situation.
Enter the original (sold) loan first:
Then enter the 1098 for the new loan
See this TurboTax help article for more information.
For other properties, if they are rentals, report each Form 1098 under Rental Properties along with other rental expenses for that property.
Other interest expense is only deductible if related to a Schedule C business, or if other investment property, deductions are limited to the extent that you report investment income and by passive activity limits. See this TurboTax tips article and this one for more information.
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