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How do I enter both of my 1098 forms?

 
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4 Replies
DanaB27
Employee Tax Expert

How do I enter both of my 1098 forms?

Please follow the instructions below to enter two 1098 forms:

  1. Login to your TurboTax Account 
  2. Click on the Search box on the top and type “1098”
  3. Click on “Jump to 1098”
  4. Enter your first 1098 form and then click "add another 1098"
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KB333
New Member

How do I enter both of my 1098 forms?

I sent my tax return in last night. Both the state and the federal received and accepted them. I was putting all my paper work away today and found a 1098 form that I forgot to include on my tax return!

My mortgage was sold to another company about half way through 2019. I included the information on one 1098 but not the other one. How can a correct that now that I have already turned in my tax return?

GiseleD
Expert Alumni

How do I enter both of my 1098 forms?

If you want to add in another 1098, you will have to amend. However, you may not need to. If you are taking the standard deduction and the amounts on this 1098 will not provide enough deductions for you to itemize, then it makes no sense to amend. However, you can always start the process to see if it makes sense financially, and you can finalize the amended return if it does. Here's how to get started:

  1. Sign in to TurboTax.
  2. Scroll down to Your tax return & documents (you may need to select Show), select 2019 and then Amend (change) return.
    • If you only see the option to amend 2018 or earlier, it's because you can't amend an unfiled 2019 return. Instead, just select Pick up where you left off, make your changes, and disregard the rest of these instructions.
  3. Select Amend using TurboTax Online.
  4. Carefully follow the instructions. Don't worry if your refund changes to $0. This is normal on amended returns.
  5. When finished, we'll give you instructions for printing and mailing your amended return, as amendments can't be e-filed.

 

Three weeks after mailing your amended return, you can start tracking it at the IRS Where's My Amended Return? tracking tool.  Please allow at least 16 weeks for the IRS to process your amended return.

 

Processing times for amended state returns vary from state to state. If it's been more than 12 weeks since you mailed your amended state return, and you haven't heard anything, we suggest you contact your state tax agency.

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Carl
Level 15

How do I enter both of my 1098 forms?

Look at the total of all itemized deductions on line 17 of your SCH A. Now add the amount of interest (and PMI if application) reported on the 1098 you forgot to enter, to that total. If it does not exceed your standard deduction, then don't bother amending as it will make no difference and have no impact what-so-ever on your tax liability.

 

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