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Deductions & credits
Yes, this question is asking which is the most recent loan.
For example, you loan started with Bank A, was sold to Bank B, who sold it before the end of the year to Bank C. Bank C is most recent.
The questions are phrased this way to determine the amount of mortgage debt you carried during the year. If your total mortgage debt is more than $750,000, some of it may not be deductible.
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‎February 4, 2024
6:53 AM