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Old 12-20-2005, 09:30 PM
Chris Cowles
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Default Re: Mortgage Interest (Calculated)

"Doug" <Doug[at]discussions.microsoft.com> wrote in message
news:0E84D4AE-436B-43D2-8672-8ACE1E9A2603[at]microsoft.com...
- quote -

> 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't
> this
> pick up on the Tax Estimator, Itemized Deductions, #4 Mortgage Interest
> automatically? What do I do to force it?


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


  #-1  
Old 12-20-2005, 04:16 PM
Doug
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Posts: n/a
Default Mortgage Interest (Calculated)

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’t this
pick up on the Tax Estimator, Itemized Deductions, #4 Mortgage Interest
automatically? What do I do to force it?

Doug
 

Tags
calculated, interest, mortgage
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