First company send me 1098 with a value on box 2, the second company that took over the mortgage on Oct send 1098 with a $0.0 value on box 2 what amount should I enter?

Mortgage was sold around the end of the year

first mortgage company send 1098 with amount on box 2, second company amount on box 2 is $0.00

when I enter info on TurboTax for the second lender it will not let me continue with a message that says "outstanding mortgage principal must have a value", what do I enter there then?

Should I enter the ending mortgage balance giving in the end of the first 1098?

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1 Best answer

Intuit Alumni

Jun 4, 2019 4:28:25 PM

Yes - When entering the 1098 from the second lender, use the same value for Box 2 reported on the 1098 from the first lender.

Intuit Alumni

Jun 4, 2019 4:28:25 PM

Yes - When entering the 1098 from the second lender, use the same value for Box 2 reported on the 1098 from the first lender.

Level 2

Jun 4, 2019 4:28:27 PM

Ok Did that, now is asking what is the outstanding mortgage balance at the end of 2018, Do i get it from the January or Dec statement?

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First company send me 1098 with a value on box 2, the second company that took over the mortgage on Oct send 1098 with a $0.0 value on box 2 what amount should I enter?