LeonardS
Expert Alumni

Deductions & credits

You will enter your 3 Forms 1098 as follows:

 

Form 1098 for the home you sold you will enter the balance as of 01/01/2019 in Box 2 and Box 3 is the origination date of the mortgage of the home you sold.  When you are asked if the load was paid off or refinanced answer yes.  Follow the screen prompts until you are asked if you have another Form 1098 to add select Add Form 1098.

 

For your new home, 2nd Form 1098, answer the questions as they relate to the mortgage for your new home.  Box 2 will have a balance of 0, and box 3 is the origination date of the mortgage.  When asked if the loan was paid off or refinanced answer no.  Follow the screen prompts until you are asked if you have another Form 1098 to add select Add 1098.

 

Enter your 3rd Form 1098 using the same information used in the 2nd Form 1098, Box 2 will show 0 balance and box 3 will have the mortgage origination date for your new home.   Again when asked if the loan was paid off or refinanced answer no.  Follow the screen prompts until you have completed the input.

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