Hello, I have had my mortgage all along with the US Bank and in June 2024, I started receiving mortgage statements from Select Portfolio Servicing, Inc. Now, I have two 1098 forms as below:
First 1098 form. US Bank 1098 form, but when I enter "Mortgage interest received from the payer" (Box 1) and all related information in Turbotax, it does NOT give me any deduction. Please advise how to proceed in order to get deduction from interest paid on mortgage from this 1098 form. I have selected that this is for my primary home, the loan is secured by my property. I did not refinance or took home equity loan or took a loan on second home, so left it unchecked for "Points paid to US Bank". Selected "No" for "if 1098 you're working on now is the most recent for your loan" (tried with even Yes, to no avail)
Second 1098 form. Select Portfolio Servicing, Inc. Substitute 1098 form. After entering all information including Box 11 "Mortgage Acquisition Date" of 6/1/2024, I get some deduction for Mortgage interest received from payer (Box 1).
