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jabega
New Member

I have two home loans from the same lender. Which one do I report for loan balance as of Jan. 1, 2019? There is no option to list a 2nd loan balance as of Jan. 1, 2019.

 
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KrisD
Intuit Alumni

I have two home loans from the same lender. Which one do I report for loan balance as of Jan. 1, 2019? There is no option to list a 2nd loan balance as of Jan. 1, 2019.

You would only need to report the loan balance if you are reporting the interest paid on that loan. 

If you have 2 loans, you should have 2 1098's and if you enter them individually, they will each ask for an ending balance. 

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1 Reply
KrisD
Intuit Alumni

I have two home loans from the same lender. Which one do I report for loan balance as of Jan. 1, 2019? There is no option to list a 2nd loan balance as of Jan. 1, 2019.

You would only need to report the loan balance if you are reporting the interest paid on that loan. 

If you have 2 loans, you should have 2 1098's and if you enter them individually, they will each ask for an ending balance. 

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