topic Where do I find what is needed for Form 8396, Line 1? All I have is a Form 1098, I DID NOT RECEIVE A MCC. in Get your taxes done using TurboTax

Where do I find what is needed for Form 8396, Line 1? All I have is a Form 1098, I DID NOT RECEIVE A MCC.

wcwboyd3 — Tue, 04 Jun 2019 23:31:11 GMT

This is from the IRS' instructions on page 2 of Form 8396...

JohnW15 — Tue, 04 Jun 2019 23:31:13 GMT

This is from the IRS' instructions on page 2 of Form 8396:

Line 1

Enter the interest you paid during the year on the loan amount (certified indebtedness amount) shown on your MCC.

In most cases, this will be the amount in box 1 on Form 1098, Mortgage Interest Statement, or on a similar statement you received from your mortgage holder.

If the loan amount on your MCC is less than your total mortgage loan, you must allocate the interest to determine the part that relates to the loan covered by the MCC.

I did not receive a MCC, so what do I do?

wcwboyd3 — Tue, 04 Jun 2019 23:31:15 GMT

I did not receive a MCC, so what do I do?

You said you received Form 1098... so if there's an amoun...

JohnW15 — Tue, 04 Jun 2019 23:31:16 GMT

You said you received Form 1098... so if there's an amount in box 1 of Form 1098, enter that, as the IRS instructions say.

Thank you

wcwboyd3 — Tue, 04 Jun 2019 23:31:18 GMT

Thank you

You bet. Have a great day!

JohnW15 — Tue, 04 Jun 2019 23:31:19 GMT

You bet. Have a great day!