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john11840
Level 2
Feb 6, 2026 8:55 PM UTC
Question

Incorrect Form 1098

I paid off my mortgage this year, but my 1098 shows a large balance in box 2.  Shouldn't box 2 show 0?

    1 reply

    AmyC
    AmyC
    Alumni - Intuit
    Feb 6, 2026 9:11 PM UTC

    Box 2 represents your balance on Jan 1, 2025 unless refinanced or sold or home just purchased. A payoff is not among the items to change the amount. Congratulations on paying off your mortgage!

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