bps65
Returning Member

Deductions & credits

Okay, so I will enter both forms, one for each lender.  But my question remains — 

do I follow these same instructions for both?  https://ttlc.intuit.com/community/loans/help/what-do-i-do-if-i-have-multiple-1098s-from-refinancing-...

 

So I first enter the 1098 for the original loan.  I put the combined totals (from both 1098s) into Box 1, Box 5, and Real Estate Taxes.   Then I complete boxes 2, 3, 7, and 11 using the 1098 for the original loan.

 

Then I enter the 1098 for the refinance loan.  Again I put the combined totals (from both 1098s) into Box 1, Box 5, and Real Estate Taxes.   Then I complete boxes 2, 3, 7, and 11 using the1098 for the refinanced loan, but instead of using the actual number for box 2, I use 0 instead?

 

Is that right?