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I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

 
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Anita01
New Member

I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

If the new amount is for Private Mortgage insurance, PMI, and there is no change in your tax refund or tax due, you do not need to amend your tax return.

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5 Replies
Carl
Level 15

I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

There are about 5 types of 1098's. Is yours a 1098 - Mortgage Interest Statement?

I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

Yes
Anita01
New Member

I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

If the new amount is for Private Mortgage insurance, PMI, and there is no change in your tax refund or tax due, you do not need to amend your tax return.

I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

Thanks. So nothing need to send via postal mail back to IRS, correct? Just wanted to be 100%.
Anita01
New Member

I have a corrected 1098 with a number in box 5 that wasn't on my previous form. I updated the new info to Turbo Tax and no change, do I need to refile?

Correct
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