Can I combine the interest paid to both lenders? If so, should total interest be listed under the 1098 of the first lender? The second? Do I need to tell Turbotax - or the IRS - that I have two 1098's for the same loan?
You'll need to sign in or create an account to connect with an expert.
Yes, you can combine the Interest.
You should list the interest under the new current mortgage folder. (Yes the second.)
The interview will ask questions that will make both the IRS and TurboTax aware of your mortgage situation.
If your mortgage was sold to another lender, please follow these steps to include it on your tax return.
If I've misunderstood your question, and this does not completely answer it, please contact us again and provide some additional details.
Thank you!
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
guri0121
Level 1
tiffanilyons82
New Member
knownoise
Returning Member
mpiseter
New Member
Loudspeaker1999
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.