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Deductions & credits
John - I believe those instructions that you see are actually for the tax year 2021, which is actually reported next year. Thus, box 2 should be the principal you on 1/1/2020.
The instructions on TurboTax's software say this, too - "for Box 2, input the amount of debt as of 1/1/2020."
ā€ˇFebruary 14, 2021
6:56 AM