I have a similar situation. We purchased the lot in 2021 and paid cash. We have a construction loan to build the house but no draw was made in 2021, therefore the balance was $0 at the end of 2021. The bank sent a 1098 with the Origination Fee amount listed as Interest Paid (Box 1) and the Mortgage Origination Date as the date of closing on the lot. Turbo Tax keeps giving me an error as it wants the balance of the mortgage and will not accept $0. Should I just delete the loan info? I asked the bank and their response was Box 1 was the only place they could figure out to put the amount. I would appreciate any help with this issue.
