https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1306804#M472436 <P>Sorry for my foolish. I still don't understand it. I just attached the image of the closing statement. Can you please advise me?</P><P>&nbsp;</P><P>&nbsp;</P><P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="Annotation 2020-03-11 202426.png" style="width: 753px;"><img src="https://ttlc.intuit.com/community/image/serverpage/image-id/6000iA3EDF222DB66DC1D/image-size/large?v=v2&amp;px=999" role="button" title="Annotation 2020-03-11 202426.png" alt="Annotation 2020-03-11 202426.png" /></span></P> Thu, 12 Mar 2020 00:33:07 GMT zhshqzyc 2020-03-12T00:33:07Z https://ttlc.intuit.com/community/taxes/discussion/borrowed-in-2019/01/1293682#M467854 <P>What is the borrowed this year?</P><P>I bought a new home in 2019. I don't know which field in closing cost document is for borrowed in 20`9?</P><P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="capture.png" style="width: 881px;"><img src="https://ttlc.intuit.com/community/image/serverpage/image-id/5854iEBB97031758C7678/image-size/large?v=v2&amp;px=999" role="button" title="capture.png" alt="capture.png" /></span></P> Mon, 09 Mar 2020 01:14:49 GMT https://ttlc.intuit.com/community/taxes/discussion/borrowed-in-2019/01/1293682#M467854 zhshqzyc 2020-03-09T01:14:49Z https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1293789#M467897 <P>If you are asking how much your loan was and where to find it on your closing statement, there are several different types of Closing Statements.&nbsp;</P> <P>&nbsp;</P> <P>If your closing statement is a "standard" HUD-1 (see screenshot below) it will be <STRONG>Line 202 under the Borrowers Transactions.</STRONG>&nbsp; <STRONG>Principal amount of new loan(s)</STRONG>.&nbsp; There are several different types of Closing statements but they should all have the same general information.</P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/2f492bff-3b31-4753-bffb-86db45e03402.default.JPG" /></P> <P>&nbsp;</P> <P>&nbsp;</P> Mon, 09 Mar 2020 01:41:40 GMT https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1293789#M467897 KarenM90 2020-03-09T01:41:40Z https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1306804#M472436 <P>Sorry for my foolish. I still don't understand it. I just attached the image of the closing statement. Can you please advise me?</P><P>&nbsp;</P><P>&nbsp;</P><P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="Annotation 2020-03-11 202426.png" style="width: 753px;"><img src="https://ttlc.intuit.com/community/image/serverpage/image-id/6000iA3EDF222DB66DC1D/image-size/large?v=v2&amp;px=999" role="button" title="Annotation 2020-03-11 202426.png" alt="Annotation 2020-03-11 202426.png" /></span></P> Thu, 12 Mar 2020 00:33:07 GMT https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1306804#M472436 zhshqzyc 2020-03-12T00:33:07Z https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1308076#M472861 <P>Sorry but nothing in your screen shot shows the amount borrowed or financed.&nbsp; In your closing documents you should find a loan document that has what amount you&nbsp;financed/borrowed.&nbsp; You can also speak with your mortgage company or go online to look at your mortgage account for original loan amount.&nbsp; The amount could also be in box 2 of your form 1098.&nbsp;&nbsp;</P> Thu, 12 Mar 2020 14:40:23 GMT https://ttlc.intuit.com/community/taxes/discussion/re-borrowed-in-2019/01/1308076#M472861 DMarkM1 2020-03-12T14:40:23Z