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How do I enter my mortgage information for a Reverse Mortgage?

I refinanced this year (2020) with a new Reverse Mortgage Loan.
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1 Reply
GiseleD
Expert Alumni

How do I enter my mortgage information for a Reverse Mortgage?

The income you receive from a reverse mortgage is not taxable. Plus, there is no tax event for this in 2019 since the refi occurred in 2020.

 

 

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