- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I have to say you should not enter anything but your two 1098s as reported to you but review the worksheets for each loan to ensure everything is correct and make changes as needed. AmyC is correct in her first suggestion that some information may not have entered correctly or messed up somehow along the way. Any anomalies may be easier to spot and correct directly on the worksheets. In rapaulino27's situation, all interest is deductible simply because the total of the two mortgages are less than $750K (assuming all debt was used to buy or improve the homes).
March 21, 2024
7:19 PM