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Why can't the outstanding balance on my 1098 be zero?
This is the first year that I've never received a 1098 from our mortgage company. They've been bought out by another bank and we paid off our mortgage. Still, I know the interested that was paid and the outstanding balance, which is zero, so it really shouldn't be all that hard to figure out. Why, when I enter 0.00 as the outstanding balance does TurboTax tell me that Outstanding Mortgage Principal must have a value? How else am I to say that there is no outstanding mortgage principal?
‎February 3, 2022
6:04 PM