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posted Feb 7, 2025 11:13:10 AM

I have a form 1098 but box 2 "outstanding mortgage principal" is empty. Turbotax is requiring an amount. Can anyone assist?

1098 box 2

0 1 784
1 Replies
Employee Tax Expert
Feb 7, 2025 11:42:20 AM

Box 2 is the outstanding mortgage principle as of Jan 1 of the tax year (2024). If you got your mortgage at some point during the year, enter the amount as of the date of origination.