- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My 1098 form for a Home Equity Line of Credit shows no balance for 1/1. TT will not let me proceed unless the value I enter in Box 2 is greater than the interest. Why?
I have a long-term home equity line of credit with a limit of $60,000. I had no balance on 1/1/18 and the 1098 form correctly shows no outstanding mortgage principal.
I entered the amount in box 1, and nothing in box 2 and Turbotax will not let me proceed. I changed box 2 to a value of 0 and still cannot go on.
It seems TurboTax REQUIRES a minimum of $1 for Box 2, even though this is not true.
How can I submit a CORRECT form?
Topics:
‎June 1, 2019
12:13 PM