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Deductions & credits
Thanks so much, DMarkM1! That was super helpful!
Did not fully follow the point about dedicating points pro-ratably, but am presuming if I entered all the info correctly, TurboTax will handle this correctly? Or is there something more I need to do specifically?
Also, after I entered the consolidated 1098 info, Turbox Tax is asking (as a Review Step)
Enter your loan balance as of Jan 1, 2022. I got this data from my Lender for the latest (current) loan (the others presumably zero since they were paid off as part of a new refinance). Can I just enter that data, or should I use some different data here?
Enter the date you made your final payment, or leave black if not paid off: Presumably, I leave this blank?
Finally, unrelated to the above questions - I had a capital loss in the tax year 2019 which were not fully offset by capital gains for that year. Is that balance capital loss automatically carried over into future years, or do I need to do something special? If so, what exactly? Accordingly I guess may have to file an amended return(s) for 2020.
Thanks so much once again! You've been a life saver!