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On the 1098 for the home I sold, should the outstanding mortgage principle in Box 2 be zero?
I received two 1098's, and entered them separately (one for the home I sold, and one for the home I purchased). I elected to allow TurboTax to import the 1098 directly from the lender for the home I sold and paid off, however Box 2 of the 1098 shows an outstanding mortgage principle in the amount of the pay off. Is that correct, or should I delete the amount in Box 2 and put zero?
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‎April 13, 2022
3:24 PM