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Deductions & credits
Please make sure the 1098 from the house you sold has an ending balance of zero.
Make sure you then enter the loan that was sold, and be sure to select that it was sold in the year.
Lastly, enter the most recent 1098.
"When entering the 1098 Mortgage Interest Statement enter the
Outstanding principal as of 1/1/2019 for the house you sold, and zero as the ending balance.
Since you took out the new loan after January 1, 2019, then leave this field blank for that 1098
Was this loan paid off or refinanced with a different lender in 2019? Answer YES
If you paid off your loan this year, we need its final principal balance. This is the amount you owed before you made your final payment, without interest included."
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‎January 28, 2020
3:55 PM