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Mortgage Balance - year beginning balance and year end balance. Why?
Hello,
I do not recall being asked to provide balance owed on my mortgage in previous years, particularly the year end balance. The 1098 provides the balance for the beginning of the tax year so maybe it's been asked in prior years and I just don't remember (getting old..) but the 1098 doesn't provide the year end balance and I would remember having to locate that info.
My question is, why are they asking for it? We usually miss by a few dollars itemizing anyway but I always go through the steps just in case. Using a standard deduction, why would TT Smart check keep asking for this info?
‎February 4, 2019
3:39 PM