Nope, you are giving incorrect information.
Box 2 has the outstanding amount on 1/1 for existing loans, and the total loan amount on the day of origination for new loans obtained during the year. It is not zero for new loans.
What i did was ignore box 2 for the new loan (since it wasn't funded on 1/1/) and added my two old loan box 2's together, this corrected the CA mortgage adjustment error.
