My mortage was tranferred. I received 2 1098 forms, one for each bank. Since they are for the same loan do I combine the amounts or do I have to enter 2 different forms?

hasey1999 · ‎June 6, 2019

This was a new house purchase. In Turbotax it seems to ask you to enter one for each loan but since they are the same loan I am not sure if I should just combine them and enter one total 1098?

MichaelL1 · ‎June 6, 2019

You will enter this as two separate loans in TurboTax, so it will show in TurboTax as $$ paid to bank A, and also $$ paid to bank B.

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My mortage was tranferred. I received 2 1098 forms, one for each bank. Since they are for the same loan do I combine the amounts or do I have to enter 2 different forms?

Deductions & credits