KrisD15
Expert Alumni

Deductions & credits

First, delete both 1098's. Do NOT try to edit them.

Enter the older loan first, enter box 2 as it is reported, 

THERE WILL BE A SCREEN ASKING "WAS THIS LOAN PAID OFF OR SOLD IN 2019?"  CLICK "YES" 

(this screen will not appear if you go back and edit)

Continue through the interview

Next, enter the second 1098

Select that it WAS a HELC

 

You will be prompted to report the cash taken out and how much was used for the home and how much was used for other things 

TurboTax should make a ratio for claiming the interest. 

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