Mortgage Interest (Calculated)

Mortgage Interest (Calculated)

Post by RG91Z » Thu, 22 Dec 2005 02:16:03


I used the wizard to set up my home mortgage. It is a direct debit from my
Credit Union savings account. As I am preparing for taxes I ran through the
Tax Estimator and there is $0 showing for Itemized Deductions, #4 Mortgage
Interest. I went to the Bill Summary page, went to edit the payment, then
the split and it shows Mortgage Interested as (Calculated). Why doesn this
pick up on the Tax Estimator, Itemized Deductions, #4 Mortgage Interest
automatically? What do I do to force it?

Doug
 
 
 

Mortgage Interest (Calculated)

Post by Chris Cowl » Thu, 22 Dec 2005 07:30:03


The interest isn't calculated until the bill isn't actually posted. If you
want to see an amortization table, look in reports.