topic I received 2 1098 for 2 time shares. I didn't know was suppose to be reported. How can I ammend? The option is not there in After you file

I received 2 1098 for 2 time shares. I didn't know was suppose to be reported. How can I ammend? The option is not there

druaself — Wed, 28 Jan 2026 06:07:26 GMT

My Tax return is all ready in the accepted status

Re: I received 2 1098 for 2 time shares. I didn't know was suppose to be reported. How can I ammend? The option is not there

xmasbaby0 — Thu, 30 Jan 2025 23:07:04 GMT

Wait until your original return has been fully processed before you amend, and make sure you have saved a pdf of the original return before you amend.

See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...

Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.

You can watch for information here:

https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1

Re: I received 2 1098 for 2 time shares. I didn't know was suppose to be reported. How can I amme...

DawnC — Thu, 30 Jan 2025 23:34:46 GMT

As mentioned above, you will need to wait a bit before you can amend. Did you itemize your deductions, or did you take the standard deduction? Mortgage interest is an itemized deduction, so if you take the standard deduction, mortgage interest and real estate taxes are not deductible.

Mortgage interest can only be claimed on a maximum of two homes (main home and a second home). If you have mortgages on two homes and a timeshare, you won’t be able to deduct the mortgage interest on one of those properties.