PatriciaV
Expert Alumni

Investors & landlords

The purpose of the ending mortgage balance for Box 2 is to calculate the average mortgage balance for the year. Enter whatever is reported on Form 1098 and see if the result is what you expect. Be sure you complete the interview in the mortgage interest section. There may be questions that follow after you enter all 1098's. Or you may see "Needs Review" on the list of 1098's you have entered.

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