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jv38
New Member

How do I tell TurboTax that I have a reverse mortgage so there is no 1098? It keeps asking to give my 1098 info and I can't get around it.

 
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4 Replies
DawnC
Employee Tax Expert

How do I tell TurboTax that I have a reverse mortgage so there is no 1098? It keeps asking to give my 1098 info and I can't get around it.

You can click on Delete or the trash can icon to remove the lender.    Search for 1098 and use the Go to link to be taken to your lender summary screen, then you can delete the lender.   

 

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jv38
New Member

How do I tell TurboTax that I have a reverse mortgage so there is no 1098? It keeps asking to give my 1098 info and I can't get around it.

Thank you, Dawn, but my screen looks very different from this. I don't get a jump to link when I search for 1098. I tried going back and deleting the 1098 in mortgage deductions (even though I had to override the standard deduction to do that) but it still comes up as a "check this" in the final review and asks for the 1098 info. any other suggestions?

jv38
New Member

How do I tell TurboTax that I have a reverse mortgage so there is no 1098? It keeps asking to give my 1098 info and I can't get around it.

And now it's taken me into a place where I have to manually enter deductions which I don't want to do. How do I go back to Standard deduction? This is a terrible program this year! I have never had so much trouble with it!

 

JamesG1
Employee Tax Expert

How do I tell TurboTax that I have a reverse mortgage so there is no 1098? It keeps asking to give my 1098 info and I can't get around it.

Some customers may experience a new way to navigate TurboTax this tax season.

 

You will use Tax home as your single location to find the next step in filling out your tax return and view items you have completed.

 

In TurboTax Online, follow these steps:

 

  • Down the left side of the screen, select Federal.
  • Down the left side of the screen, select Deductions & Credits.
  • Continue through the screen until you arrive at the screen The Standard Deduction is right for you or Itemizing Deductions is right for you.
  • If the screen arrives at the wrong answer, select Change my deduction at the bottom of the screen.

 

See also this TurboTax Help.

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