Belinda3
Level 1
01-18-2021
09:58 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Has anyone experienced inaccuracies on computation of allowable home mortgage interest when entering two mortgages above the 750K amount? ie refinance.
If so, what tools do you use to ensure accurate interest is deducted?
Labels
dascpa
Level 11
01-19-2021
01:44 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have found that the worksheet has many flaws with multiple mortgages, paid off mortgages, mortgages that are transferred to a new lender the day after settlement, etc. I developed my own Excel worksheet to do the calculation and then see if I can get the ProSeries worksheet to match. If not, I use my Excel as I trust that more.
