No, you should not. I'm using the Premier version and on the worksheet it asks if you refinanced last year. If you answer no, then you shouldn't have to answer additional questions and the refinanced loan info should carryover from prior years. In essence, it becomes the primary loan basis going forward. Turbo tax asks this refinance question so it can determine what the loan was used for, the new total amount of the loan and to keep track of principal on the property. There are rules on what interest can be deducted and total loan limits (interest paid on the loan amount over the $750,000 limit can't be deducted).