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Deductions & credits
Unless you refinanced or are trying to get the below the $750,000 limit of mortgage debt, then the ending balance is not a factor. Just enter your form 1098 information and including property tax paid information to get your allowable deductions. Next year you will not have a 1098 to enter if you don't have any outstanding mortgage debt. You will still be able to enter any property taxes paid.
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‎February 4, 2020
6:23 AM