DianeC958
Expert Alumni

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When you have multiple 1098 forms the information for Box 2 should be $0 for any mortgage that was refinanced during the year or sold to another mortgage company.

 

Box 2 is asking for the balance due on the mortgage as of 01/01/2019 which for the refinanced mortgage and a sold mortgage would be $0.  

 

By putting $0 into box 2 for refinanced and sold mortgages the limitations will not be imposed unless your loan is over $1 million.

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