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dr-triciagroff
March 15, 2025
Question

Help. Turbo tax is reflecting a mortgage interest deduction in the final review that is less than the amount paid. Primary home, 576k, no special factors.

  • March 15, 2025
  • 1 reply
  • 0 views
It's clear-cut--interest on 1098s add up to amt shown in that section of TurboTax. But in the review, Turbotax tells me that the deduction is 8000 less than the amount paid. Checked IRS guidelines several times and it is all deductible. How can I correct it?

    1 reply

    JohnB5677
    JohnB5677
    March 16, 2025

    Please clarify your question.

     

    • You said 1098's. 
    • Do you have multiple 1098s on the same home?
    • Did you refinance?
    • Did you show the full mortgage on the refinanced loan?

    Please contact us again to provide some additional details. 

     

     

     

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