- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
The IRS instruction for box 7 is this: If address of property securing mortgage is the same as PAYER’S/BORROWER’S address, check the box, or enter the address or description in box 8.
I would leave box 7 unchecked (answer N0 to the question) and enter the address in
box 8.
If the address in box 8 is your principal residence or your second home, you can claim mortgage interest reported on your form 1098.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
February 10, 2020
9:19 AM