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New Member
posted Feb 22, 2022 3:37:56 PM

How do I enter that my home is paid off?

Hold no mortgage on my home.

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2 Replies
Level 15
Feb 22, 2022 4:14:47 PM

If you did not pay any mortgage interest in 2021, you don't enter anything. You don't have to tell the IRS that you paid off the mortgage. You just don't enter anything about a mortgage.


If you paid off the mortgage in 2021, and paid some mortgage interest before you paid it off, you should get a Form 1098 from the lender. You just enter the interest that you paid, as shown on the 1098. You do not have to tell the IRS that you paid off the mortgage.

 

New Member
Feb 25, 2022 8:20:59 AM

Thank you for the reply.