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Deductions & credits
I spent the best part of today trying to figure this out. Got it about the combined 1098 as repeatedly recommended by @ReneeM7122 and thanks for the suggestion of calling the combined 1098 "MULTIPLE"...
BUT: I'm now confused by this statement: "For the origination date and loan amounts in "MULTIPLE", enter whatever the latest 1098 was in 2020" because TT instruction and @ReneeM7122 's posts say clearly to use the original loan for boxes 2 and 3 (outstanding principal and origination date). Isn't the latter correct since what matter is the loan amount (and date) as of 1/1/2020?
Thanks everyone for chiming in.
‎February 27, 2021
5:16 PM