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Deductions & credits
I am having the exact same issue. The problem is that the HELOC account is set up to remain open once it's paid off until you draw on it again. At the beginning of last year, the outstanding balance was ZERO. Partway through the year, we drew on the loan again and paid interest on that. The value in box 2 on my tax form is (correctly) zero, even though that WAS NOT the highest balance during the course of the year. The only way I seem to be able to get past this form is to enter $1.00, even though that does not match my tax form. Ideally, there should be a better way to get past this.
‎February 11, 2023
1:19 PM