In the case of a refinance, it's best to enter the 1098 from your original loan before the 1098 from your refinance. This will help the software to recognize that the origination date of the loan is pre-2020.
That's important because [only] the acquisition debt remains deductible. The loan origination date section should present itself correctly when the software recognizes that you've entered two 1098 forms in order.
Here's how to enter your mortgage interest statements in TurboTax:
- With your return open, search for 1098 and select the Jump to link in the search results.
- Follow the instructions to enter your 1098 info.
@4Blakes
