kykingdom
Returning Member

Education

I have to say, this seems like an unfair claim of interest previously paid and claimed on previous years' taxes.  It also seems a bit odd that I had one lender report interest paid in this year only while the other was for the life of the loan until it was paid off through a refinance.  I figure this is because of different interest compounding methods or something related, but it just makes the one stand out as even more of a red flag when comparing them.

I do appreciate this information though.  I have always gone with the numbers reported on all tax forms as a default good measure.  That is what the IRS will receive and any differences could trigger an audit or rejected tax filing at the very least.