Deductions & credits

You should enter your loan information as if from a form 1098. 

1. Enter the mortgage interest you paid in the tax year in box 1.  
2. Box 2 is the outstanding balance at the beginning of the tax year.  
3. Box 3 is the date you took out the loan.  
4. Do not check box 7 
5. On the next page confirm it is "a property you own."  
6. Select "Second home" 
7. Select "Deducted all the points or didn't pay points"  
8. Answer "Yes" it is the most recent 1098  
9. "Yes" it is the original loan

Edited [4/23/2024 12:26 PM PDT]