lviki
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Can you please point to the mistakes in calculation?In my method I am not claiming interest from both house at a same time. I am only claiming interest for 11 m...
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Let me shares results running all three methods discussed here. Taking sample on below dataHome1 average balance - 765kHome1 total interest for 12 months - 2100...
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Thanks. On the adjustment screen I put in my calculated interest. Instead of calculating it for only 1 home , I did monthly calculations. Took 11 month interest...
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This calculation by Turbo tax is wrong. The algorithm of TT is incorrect. If I don't add second home my interest calculated is 750/765 *21000 which 20400.So TT ...
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Loan1 is 2021 and second is 2024.For now I did my own calculations. I added 11 month of interest for 1st loans. Used 750k/765K * interest of 11 months.For last ...
Activity Feed for lviki
- Posted Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , interest- 6K. When I add 2nd house my house1 credit is removed. How to handle ? on Deductions & credits. March 31, 2025 5:25 PM
- Posted Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , interest- 6K. When I add 2nd house my house1 credit is removed. How to handle ? on Deductions & credits. March 31, 2025 12:34 AM
- Cheered Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , interest- 6K. When I add 2nd house my house1 credit is removed. How to handle ? for Mike9241. March 31, 2025 12:34 AM
- Cheered Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , interest- 6K. When I add 2nd house my house1 credit is removed. How to handle ? for zomboo. March 31, 2025 12:34 AM
- Posted Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , int... on Deductions & credits. March 30, 2025 9:17 AM
- Posted Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , int... on Deductions & credits. March 29, 2025 10:24 PM
- Posted Re: I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , int... on Deductions & credits. March 29, 2025 12:57 AM
- Posted I have 2 home. Primary house principal -765k , Int- 21K. House2 secondary -princ- 1.24M , interest- 6K. When I add 2nd house my house1 credit is removed. How to handle ? on Deductions & credits. March 27, 2025 4:11 PM
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