Yes you will post both.
- The first mortgage will show that it was paid off.
- The new mortgage will indicate the size of the new loan.
- The interview will help to clarify the type of loan your 1098 is for.
If you have mortgage interest and paid property taxes it can be posted to Your Home
Your home will be included in your Itemized deductions.
To post your home
- Log into TurboTax
- Under Federal (on the left sidebar)
- Select Deductions & Credits
- On the center screen
- Scroll down to Your Home
- Choose Mortgage Interest and Refinancing (Form 1098)
- Follow the interview
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