Cynthiad66
Expert Alumni

Deductions & credits

If you are using the 2020 Form 1098,.enter what is on the form. 

The loan balance as of January 1, 2021 would be considered as the end of the year for 2020.  This is the amount starting off 2021.

 

Now if this is a refinanced loan and was paid off sometime during 2020, then this amount is $0.

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