robertapf
New Member

Deductions & credits

Other answers from Turbo Tax on this subject state that it doesn't matter if this type of interest (no 1098) it is reported on line 10 (interest reported on a 1098).  This does not make sense as there is a specific line on Schedule A - 11 for interest not reported on a 1098.  It seems to me that when the IRS matches up the 1098 forms with the applicable tax returns, you will get a letter from the IRS asking why.  In the past, Turbotax had the option to check no 1098 received and the dollars flowed to line 11.  I don't understand the change in software to something less than accurate.