Winegum
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This problemwas corrected in last year’s software after my post, but you are correct, the problem is back again in the home and business version. TT, please fix...
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Hi Amy,Yes, that was my fallback plan. However, the problem has now been fixed by TT... Thanks. James
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This now appears to work correctly. Thank you for addressing. I am worried that previous years did not calculate correctly and I will need to go back and review...
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Here is my assessment of the problem: if you indicate that the 1098 is a refi, you are never prompted for the original loan date. TT asks “when was this loan is...
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And if you use the original purchase date (2014) of the home rather than the refinance date, it completely eliminates the deduction on Schedule A.
Activity Feed for Winegum
- Posted Re: Mortgage Interest Deductions on Refinanced Pre-2017 Loan Zeroing out on Deductions & credits. April 13, 2025 6:49 PM
- Cheered Re: Mortgage Interest Deductions on Refinanced Pre-2017 Loan Zeroing out for MayaD. March 29, 2024 2:31 PM
- Posted Re: 1098 Refinance using incorrect deduction thresholds on Deductions & credits. March 29, 2024 2:29 PM
- Cheered Re: 1098 Refinance using incorrect deduction thresholds for AmyC. March 29, 2024 2:29 PM
- Posted Re: 1098 interest not being deducted correctly on Deductions & credits. March 28, 2024 9:58 AM
- Cheered Re: 1098 interest not being deducted correctly for MayaD. March 28, 2024 9:58 AM
- Posted Re: Mortgage Interest Deductions on Refinanced Pre-2017 Loan Zeroing out on Deductions & credits. March 27, 2024 10:24 PM
- Posted 1098 Refinance using incorrect deduction thresholds on Deductions & credits. March 27, 2024 4:48 PM
- Posted Re: Mortgage Interest Deductions on Refinanced Pre-2017 Loan Zeroing out on Deductions & credits. March 26, 2024 1:15 PM
- Posted Re: Mortgage Interest Deductions on Refinanced Pre-2017 Loan Zeroing out on Deductions & credits. March 26, 2024 1:13 PM
- Posted Re: Mortgage Interest Deductions on Refinanced Pre-2017 Loan Zeroing out on Deductions & credits. March 26, 2024 1:12 PM
- Posted 1098 interest not being deducted correctly on Deductions & credits. March 26, 2024 12:34 PM
- Posted Re: LLC transfer from 2018 to 2019 drops an owner from business information on Get your taxes done using TurboTax. January 11, 2021 4:59 PM