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Deductions & credits
So I tske that the answer is "yes", you do use the tax credits/debits in both closings in concert with the 1098 amounts to come up with what you actually paid, whether that was on paper at the closings with the credits to buyer/seller and from the escrow amounts paid out (which is only what the 1098 reflects ). It's the total net amount that counts.
March 17, 2020
11:54 AM