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Get your taxes done using TurboTax
Thanks. Box 2 on my 2018 Form 1098 (received from the bank in January 2019 for tax year 2018) reads, "Outstanding mortgage principal as of 1/1/2018". It has $0.00. But I know from bank statements that my outstanding principal on 1/1/2018 was $60,000. I am confused as to why it shows $0.00. It makes my tax due to IRS about $1000 more than if I enter the $68000 the was "correct" balance due.
‎February 9, 2019
11:22 AM