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    smchieppa89
    New Member
    posted
    ‎June 4, 2019 3:15 PM
    last updated ‎June 04, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

     
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    xmasbaby0
    Level 15
    Level 15
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

    What loan?
    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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    SweetieJean
    Level 15
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

    What type of loan? A mortgage?
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    smchieppa89
    New Member
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

    Looks like I accidentally deleted part of my question - This is in reference to a home I purchased in 2017 so it would be a mortgage loan. Sorry about that
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    SweetieJean
    Level 15
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

    The answer below is correct.
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    smchieppa89
    New Member
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

    Okay so I have not received 1098 and I am asking if I should enter interest and taxes on entire loan amount OR just interest and taxes paid in 2017.........
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    xmasbaby0
    Level 15
    Level 15
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

    Is this your first year of home ownership?  Banks and lenders have until the end of January/early February to send out your 1098.  WAIT for it or call the lender and ask when it will be ready.
    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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    xmasbaby0
    Level 15
    Level 15
    ‎June 4, 2019 3:15 PM

    Claiming the full interest and tax amount of the entire loan amount or just the interest and tax paid in 2017

     Go to Federal> Deductions and Credits> Your Home to enter mortgage interest, property taxes, and loan origination fees (“points”) that you paid in 2017.  You should have a 1098 from your mortgage lender that shows this information.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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