- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
HELOC vs. Home Equity Loan
In the Home Loan Deduction section, TurboTax asks if the mortgage is a refinanced loan or home equity line of credit (HELOC). Mine was technically a home equity loan (and not a line of credit). Does TurboTax count the two as the same? I did get a 2019 1098 for the home equity loan. Thanks.
Topics:
‎April 8, 2020
5:50 PM