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Deductions & credits
Hi AmyC,
When i entered my 1st 1098 (the original one from 1/1 - 3/31/2019), i entered the original loan amount. 400k (Box2)for example
when i enter my 2nd 1098 (the refinanced one from 4/1-12/31/2019), i enter the loan amount of 395k in box2. Box11 also has the loan acquisition date of 4/1/2019
Box3 of both 1098 has the mortgage origination date of 3/1/2014 for example.
It should be clear to turbotax that on 1/1/2019 my loan balance is 400k and on 4/1/2019, my loan balance is 395k with the new lender with whom i refinanced.
Somehow turbotax premier think that I have 2 mortgage loan totaling 795k.
that is the problem.
thank you so much for your help
Frank
‎April 15, 2020
10:30 PM