DaveF1006
Expert Alumni

Deductions & credits

Actually when you enter your 1098 t for your original loan, and you click on the question mark for Box 2 - Outstanding mortgage principal, it says.

 

Your outstanding mortgage principal balance is the amount of money you still owe on your home loan. If you took out the loan in 2020, please input your original loan balance. If your loan was funded before 2020, please input your balance as of January 1, 2020.

 

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