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Deductions & credits
No, it is not necessary to enter your 1098 information if you are taking the standard deduction. However, there are some states which may allow for interest deductions so its a good idea to enter it to see if there are any state benefits.
Additionally, it would be a good idea to input it just for record keeping purposes so that next year you can have an idea on the potential deductions available.
‎February 24, 2022
1:39 PM