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What do I enter for "related balance of home acquisition debt and home equity debt" on the "Adjustments to Deductible Home Mortgage Interest" screen in the MN state form?
I have not seen this screen in the MN state return form before. The "Learn More" link doesn't provide any detail on what amount this question is looking for.
I have a two-part mortgage, which includes a 1) traditional mortgage and 2) a home equity line of credit. Are they looking for the principal balance on both of those? On just the line of credit? Or something else?
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‎June 1, 2019
8:15 AM