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mortgage interest deduction limitation

ken307
Level 1

I am working with the home mortgage interest limitation smart worksheet.  It does not calculate the deductable amount of Form 1098 interest for a refinanced loan where there is cash out.  Has anyone had the same proplem?

 

Ken

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1 Comment 1
dascpa
Level 11

There have been many posts on this in the past.  I created my own Excel worksheet and it works much better (and it's much easier) than the ProSeries worksheet.

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