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Deductions & credits
Thanks a lot for your kind reply. Unfortunately, I have submitted my filing before I receive this reply.
1) I only put one 1098 enter in TurboTax.
2) But I put the name of my old lender.
3) The Box 2 amount is the outstanding amount from the old lender.
May I know if this will affect the overall tax calculation and cause an audit/penalty later? Can I just ignore it or I have to file an amendment? Thx.
May 5, 2021
10:45 AM