MinhT
Expert Alumni

Deductions & credits

If you have refinanced your home, it is normal that you have received two forms 1098, one from each loan.

You'll need to enter both 1098 forms on your tax return.

In TurboTax, to enter these forms 1098, please follow these steps:

  • Click on Federal Taxes
  • Click on Deductions & Credits
  • Under All Tax breaks, locate the section Your Home and click on Show more
  • Click Start next to Mortgage Interest, Refinancing, and Insurance (see screenshot 1)
  • Follow the interview and enter your first form 1098
  • Click Continue at the end of the interview
  • You will be brought back to the Mortgage deduction Summary page
  • Click on Add a Lender (see screenshot 2)
  • Follow the interview and enter your second form 1098.

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