LeonardS
Expert Alumni

Investors & landlords

The amount in box 2 is used to determine if your loan exceeds the $750000 threshold.  Form 1098 is an informational form that is not matched by the IRS.  If you know your loan balance, year-end statement for 2021, or your current balance you may use that amount for box 2.  This will allow you to proceed and will not impact your tax return.

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