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Level 1
May 4, 2021
Question

Home Refinance

  • May 4, 2021
  • 1 reply
  • 1 view

We refinanced in 2020.  I have a 1098 from the original loan and a 1098 from the new lender.  The original Outstanding mortgage principal was 172,626.  The new amount is 202,000.  Do I add these together, or enter them seperatly? 

    1 reply

    Employee Tax Expert
    May 5, 2021

    You will enter them separately but enter the 1098 from your original loan first.  Then enter your refinance loan next.  

     

    Please see the link below for more details.

     

    Refinanced mortgage input

     

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