The Turbo Tax software does not seem to match this answer exactly. The 1098 for the purchased loan (new lender) has the original loan date but has a zero balance in box 2 for the loan balance at 1/1/18. If I enter zero, the software tells me that I need a balance for 1/1/18. I can enter the balance at 1/1/18 for the original (sold loan), but I also have this amount for the original loan 1098. I can make the program work, but workaround does not seem accurate. It overstates the actual amount of debt I have at 1/1/18.
