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richchips
New Member

I sold my house and bought another one. Do I combine the two 1098 forms when entering the interest and mortgage insurance?

 
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Marketstar
Level 7

I sold my house and bought another one. Do I combine the two 1098 forms when entering the interest and mortgage insurance?

You should enter both 1098's separately in the following area:

To enter mortgage interest

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits 
  • Click on I'll choose what I work on (if shown)
  • Under Your Home
  • On Mortgage Interest, click on the start or update button

After entering your first 1098, you will arrive at the Mortgage deduction summary page

Under the word Total, click Add a lender, enter the second 1098

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1 Reply
Marketstar
Level 7

I sold my house and bought another one. Do I combine the two 1098 forms when entering the interest and mortgage insurance?

You should enter both 1098's separately in the following area:

To enter mortgage interest

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits 
  • Click on I'll choose what I work on (if shown)
  • Under Your Home
  • On Mortgage Interest, click on the start or update button

After entering your first 1098, you will arrive at the Mortgage deduction summary page

Under the word Total, click Add a lender, enter the second 1098

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