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posted Apr 14, 2022 10:49:35 PM

On state return what does EOY Balance mean?

Deductible home mortgage interest wks: Eoy Balance, what does this mean?

0 2 2850
2 Replies
Level 15
Apr 14, 2022 10:53:45 PM

EOY = End of Year.

Level 4
Apr 14, 2022 10:56:51 PM

EOY balance is the unpaid principal balance as of 12/31, typically shown in box 2 of the1098 form received from the mortgage holder.