Hello, TurboTax Community!
I have gotten myself into a pickle of sorts. I filed my taxes on February 4 or 5, 2021. A few days later, I received another @1098 form that is associated with my refinancing deal last year.
I went back into TurboTax to account for the new 1098, but I got and continue to get an error message from the Desktop software, even though I have entered all the information into the Deductible Home Mortgage Interest Worksheet exactly as it is on my 1098. There is only an amount in Box 1, a date in Box 3, and Box 7 is checked. No other amounts are printed. The @Error message states "Amount borrowed this year must be entered," which I would guess is referring to Box 2, but there is no information in Box 2 on my 1098.
My 2 questions are:
1) How should I move forward with this 1098? Before I entered any of this information, my return was accepted and had no errors, and it is a relatively small amount. Should I contact the company from which I received it to see if they made a mistake, or just ignore it and proceed as if I didn't receive it?
2) I had my state return already printed (to avoid the $20 state e-file fee) and ready to mail, but since I received the new 1098, I decided to wait to mail them in so that I could go ahead and correct the errors and then mail the correct tax return for my state. Should I resolve the issue with my 1098 before I mail in my state return, or should I go ahead and mail it now and then file an @Amendment to my state return, like I am doing with my federal return?
Thank you for your advice!
