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Deductions & credits
I have a similar issue and need some clarity. I had a home in 2021 and I refinanced that home in 2021, I then sold that home and purchased a new home later in 2021. I have put in all the 1098s that I have (3) and it is now asking me for the outstanding balance and the date of final payment for all 3 companies. My questions are:
1. Is the balance the amount that the new mortgage company paid off when I refinanced?
2. Do I put the date that the loan was paid off by the new mortgage company, or the latest monthly mortgage payment that I personally made?
March 7, 2022
4:59 PM