@LinaJ2020 , ReneeM7122 already sent the same link that you did. It did not answer all of my questions.
Let's say that the first time the loan originated was in 10/01/14 (box 3)
First 1098 in 2014 box 1 = $x
First 1098 in 2014 box 2 = $950k
First 1098 in 2014 box 3 = 10/01/14
I am not clear what you mean by "Next, finish adding info for boxes 2, 3, 7, and 11 using Form 1098 for the original loan". What does the original 1098, back from 2014 have to do with this? Do you mean the first 1098 sent in 2020 or do you mean go all the way back to 2014?
The first 1098 isn't the FIRST origination date since I have refied multiple times. Technically, the first origination date is 10/01/14 when the loan was first obtained.
First 2020 1098 box 1 = $20k
First 2020 1098 box 2 = $825k
First 1098 box 3 = 06/01/2019
Second 2020 1098 box 1 = $5k
Second 2020 1098 box 2 = $800k
Second 2020 1098 box = 01/01/2020
In this situation, are you suggesting that I
- enter $20k + $5k = $25k for box 1.
- enter $825k for box 2 or enter $950k for box 2?
- enter 06/06/2019 for box 3 or enter 10/01/14 for box 3?
