I purchased my home on 1/31/2020 and refinanced it in 6/13/2021. In TurboTax after adding both mortgage interest statements (form 1098), it asks the following:
When did you buy the home from X (first lender): I put 1/31/2020
When did you buy the home from Y (refinance lender): I put 1/31/2020? Not sure about this one. Do I put this date or the refinanced date?
Finally after those screens, assuming I filled it out correctly, it asks: "What was the outstanding loan balance on January 1st, 2022? If you paid this off in 2021, enter the balance on the day you paid it off?"
For Lender X, this confuses me as we did a cash out on refinancing. Is it the total that was left over when the loan was paid? Do you know an easy way to find this (it says to contact the lender), but I can't find a form.
For Lender Y, it asks the same question, which can be resolved by reviewing a statement, so this one seems easier.
Any help would be appreciated. Thanks in advance.
