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Deductions & credits
Hello, Thank you for your prompt reply. I am doing standard deductions, I saw on the web you don't have to enter the HELOC of interest if you are doing standard deductions. I received a 1098 from my bank for it. But the turbotax person told me today that regardless of the dollar amount i still had to enter it? She told me if the IRS find out you got the 1098 for the $1.88 interest and didn't report it then the IRS may contact you. Very frustrating...
ā€ˇFebruary 13, 2021
2:21 PM