I refinanced in 2019 and took cash out. I reported this on my 2020 taxes.
In Dec 2020 - I refinanced to secure a 2% interest rate. I did NOT take any cash out. I have a 1098 for 2021 at this bank.
They then sold my loan to another bank and I have a 1098 from that bank as well.
So two 1098 for mortgage interest
Question - how to I answer the question on the first refinance Dec 31, 2020 that asks, is this the original loan - NO, is it a refinance YES, did you take cash out (NO - but it is refinancing a loan that I did take cash out on in 2019). Then the same questions for the new bank that acquired my loan mid 2021.
How should I be answering this?
Thanks in advance!
