mjs111
New Member

Deductions & credits

I ran into this same problem. It turns out TurboTax has instructions on this. I uploaded screen snapshots of

the instructions as well as pointing out the link to get to the instructions.

 

Instructions overview:

 

1. Input just 1 1098 to cover the refinance

2. Gather all of your 1098's related to the refinance

3. Separately add up the amounts in Boxes 1, 5 and any property taxes paid

4. Box 1, Box 3 and Property Taxes - Input the total amounts for each on the refinanced debt

5. Box 2 - Input the amount of debt on 01/01/2020.

6. Box 3 - Mortgage origination date - Input the oldest date on your 1098's related to the refinance

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