Education

Hi Dana -- you said:

 

"5. Continue through the interview until you reach the screen “Was this loan paid off or refinanced with a different lender in 2019?” If you’re entering the original loan, say No."

 

Is there a reason to lie to TurboTax here? Or maybe I'm confused because the loan was refinanced with the same lender. The original loan has been paid off using the new loan from 2019.

 

What I did when entering my 1098s is identical to your instructions, except that I entered a "Yes" here.

 

FYI: when refinancing a loan for a home purchased before December 2017 (there's a lot of specific rules about the exact date) you get to keep the $1M mortgage limit.