Should I add the mortg interest in box 1 from both...
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New Member

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

 
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New Member

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

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. 

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Expert Alumni

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

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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