I refinanced in '17/same lender. Both loans were listed on last year's filing. Do I delete the 1st loan when filing this yr and say the 2nd is a loan that's been refi?

[deedee33]

I'm at the part of my filing where I'm being asked about my home mortgage loan. I refinance in 2017 w/the same lender. When filing my 2017 taxes, I listed both 1098 forms. While filing my 2018 taxes, I see both loans are still listed. I deleted the original loan. For the remaining loan, do I select the option "original loan used to purchase home" or "it's a refinanced loan"?

[KrisD · Accepted solution]

Select  "Yes, this is a loan I've refinanced or a home equity line of credit (HELOC)"

The program will need information about the balance (pay-off amount) of the original loan when it was refinanced, the amount (beginning balance) of the newer (active) loan and the date you refinanced.