Re: Should I add the mortg interest in box 1 from both 1098's?

Should I add the mortg interest in box 1 from both 1098's?

posted

the situation is that my mortgage was sold from chase to midland and if I add the interest from both 1098's it totals about $1475. all previous years it has been averaging $810. so i'm confused.

You should enter the form 1098 forms. However, since your loan was sold to another company you should enter the1098 from your original loan before the 1098 from the new company. Please view this Turbotax FAQ for more information.

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