Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
wsanders414
New Member

On my 1098 form I have a value in the interest reconciliation part of interest paid, is this a value I need to enter in?

 
2 Replies
PaulaM
Employee Tax Expert

On my 1098 form I have a value in the interest reconciliation part of interest paid, is this a value I need to enter in?

What box number are you seeing that information? In general, you will be using Boxes 1,5, and 6 values as deductible items on your schedule A.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
JustMe333
New Member

On my 1098 form I have a value in the interest reconciliation part of interest paid, is this a value I need to enter in?

In box 1, I have the mortgage interest received amount. However, within the statement, I have a differing amount that says interest reconciliation of interest paid.  Which amount am I entering?

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.6m
Discussions

Manage cookies
v