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Deductions & credits
Thank you! Box 2 appears to have the balance at origination, not as of 12/31/24.
Below that is a section marked "Principal Reconciliation" that shows the ending balance.
I think for purposes of a interest deduction I need to consider average balance (=beginning + ending / 2). So I need to input both, right? Or just put balance at 12/31/24 as the box 2 number and call it a day?
‎April 11, 2025
12:17 PM