- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
So can you claify the question "do any of thes situations apply to you? (mortgages taken out after Dec. 2017 and they total more than $750,000). Is that asking if all 3 of the outstanding mortgage principals total more than $750,000 even though I didn’t have all 3 outstanding principals at the same time? I had one loan first, then refianced it, then it was sold. So I never had a total of more than $750,000 at the same time, so I orignially answered no, none of these situations apply to me, but the software if changing my answer to yes, is that correct because all 3 outstanding princples do total more than $750,000 for the whole year, even though my outstanding principal at one time was never over that amount? Does this make sense?
February 27, 2020
10:17 AM