Entering Excess Home Mortgage Interest with more than four loans in Lacerte

Down below we'll discuss how to enter Excess Mortgage Interest for more than four loans on Schedule A in Intuit Lacerte.

To enter the Excess Home Mortgage Interest:

You should start off by printing the Excess Mortgage Worksheet to manually calculate all loans (including the additional loans). From there:

1. Go to Screen 25, Itemized Deductions.
2. Scroll down to the Interest section.
3. Report the total of all loans in the field Home Mortgage interest & Points on Form 1098 [A] (Ctrl+E) (code 21).

It is important to note that Lacerte does not generate any additional columns in excess of four mortgage loans.