No, combine the three 1098's into one entry.
In order to keep TurboTax from adding the amount of debt together and limiting the mortgage deduction allowed, you will combine the three 1098's.
Here is what to put in each box of your entry.\:
- Add together the amounts in Box 1 and enter the total as mortgage interest
- Add Together the amounts in Box 5 and enter the total as Mortgage Insurance Premiums
- Add the property tax paid from each form and enter it in the Property (real estate) taxes box
- Use the loan's original 1098 form to add the amounts in Boxes 2, 3, 7, and 11
Multiple 1098's for Refinance
