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Get your taxes done using TurboTax
I understand. Title companies in different states and even counties have different billing methods and even the property involved could be a factor. There may not be an abstract and the closing may not require an abstract.
In any case you only enter an item once in TurboTax. Some closings include an abstract which has many of the fees in box two included. In that case you only need to enter the abstract and recording in box 1.
Some closings do not include an abstract and the items will be broken out and you would put them in box 2.
Some closings have a combination; there may be an abstract and/or recording fee plus some of the other items listed in box 2. You would separate into appropriate box 1 or 2.
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March 30, 2020
5:38 AM