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1099-MISC mortgage credit for loan restructure
We receive a 1099-MISC from our mortgage lender every year. They give us some kind of credit for restructuring our loan due to the recession and our mortgage being underwater. It is reported on the 10990-MISC as other income.
On my mortgage statements it says it is a "Subsidy" that adds up to the amount reported on the 1099-MISC at the end of the year.
How do I report that in TurboTax?
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‎February 6, 2020
11:33 AM