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Level 1
June 1, 2019
Solved

Hello, i entered the wrong amount for my outstanding mortgage principal. it is off by about $1,500. is this something that must be amended?

  • June 1, 2019
  • 1 reply
  • 3 views
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Best answer by ChristinaS

Not likely. This field doesn't mean a thing, unless your mortgage principal is at or above 1 million dollars.

If it is, the mortgage interest deduction may be limited, and this field helps figure that out.

1 reply

Level 10
June 1, 2019

Not likely. This field doesn't mean a thing, unless your mortgage principal is at or above 1 million dollars.

If it is, the mortgage interest deduction may be limited, and this field helps figure that out.