turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

twesch21
New Member

Form 1098 does not include ending mortgage principal. What do I include?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
IreneS
Expert Alumni

Form 1098 does not include ending mortgage principal. What do I include?

The mortgage principal balance should be in box 2 of the 1098 from your lender.  If you can't find this amount on your 1098, you may find it on your January 2018 mortgage bill.

Try to find the balance and enter it in TurboTax  It is better to enter a figure for your mortgage principal balance, even though it is not listed on the 1098.  Depending on your balance and what you've used the loan for, we'll need this to help you figure out how much interest you can deduct.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question