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How to enter two 1098 mortgage interest statements for same loan
I've reviewed previous similar questions. My mortgage was sold to another company midway through the year. I have entered both 1098s separately, but am worried that TT is not processing them correctly.
For the first company, should I say that I owed $0 on January 1, 2019 since loan was sold/transferred midway through the year?
For the second company, "Box 2 - Outstanding mortgage principal as of 1/1/2018" is blank, presumably because loan was non-existent on this date. Should I leave blank or should I put in beginning balance (which was from mid-year)? If I leave blank, TT keeps saying the 1098 needs review.
I assume for both loans that I should say no to the question, "Was this loan paid off or refinanced with a different lender in 2018?"?
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‎June 4, 2019
9:00 PM