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lmr1
New Member

Entering interest on a paid off HELOC.

We had a HELOC loan that was paid in full early 2020. The interest was $530 so didn't receive a 1099INT. I input the interest amount on the details page for the 1098 and zero for the outstanding principal. The form won't accept  .00 for outstanding mortgage principal. How do I claim the interest? Is there another page it can go on?

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1 Reply
AmyC
Expert Alumni

Entering interest on a paid off HELOC.

Enter $1 for the principal balance.

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