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vijaykreddy
Returning Member

I have mortgage loan for primary home. But two loans one with direct loan other one is credit line. Can I add both interest into one and fill the 1098 section?

 
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IreneS
Intuit Alumni

I have mortgage loan for primary home. But two loans one with direct loan other one is credit line. Can I add both interest into one and fill the 1098 section?

UPDATED FOR TAX YEAR 2019

 

Yes - if both loans are from the same lender.

No - if the loans are from different lenders.

  1. After entering the first loan you will be brought back to the Home Loan Deduction Summary.  
  2. Click on Add a Lender to enter information on the credit line.

 

[Edited | 4/2/2020 |  11:55am PDT]

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1 Reply
IreneS
Intuit Alumni

I have mortgage loan for primary home. But two loans one with direct loan other one is credit line. Can I add both interest into one and fill the 1098 section?

UPDATED FOR TAX YEAR 2019

 

Yes - if both loans are from the same lender.

No - if the loans are from different lenders.

  1. After entering the first loan you will be brought back to the Home Loan Deduction Summary.  
  2. Click on Add a Lender to enter information on the credit line.

 

[Edited | 4/2/2020 |  11:55am PDT]

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