I sold a house and bought a house in 2016. Do i add both 1098s together and put them in main home or do i put the home i currently own in main home and sold into other?
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I sold a house and bought a house in 2016. Do i add both 1098s together and put them in main home or do i put the home i currently own in main home and sold into other?
I sold a house and bought a house in 2016. Do i add both 1098s together and put them in main home or do i put the home i currently own in main home and sold into other?
For federal tax purposes, it doesn't matter as they were both your main home when the mortgage was paid. The total 1098 interest paid will be carried to the same line on Schedule A.