1190463
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jayjervis
New Member

Re: Home Mortgage Interest Worksheet, Section F, Item 3 Beginning Balance; What does this refer to?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
DianeC958
Expert Alumni

Re: Home Mortgage Interest Worksheet, Section F, Item 3 Beginning Balance; What does this refer to?

It is referring to the beginning balance for the loan at 01/01/2019.

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

Re: Home Mortgage Interest Worksheet, Section F, Item 3 Beginning Balance; What does this refer to?

If someone has a HELOC, is this the amount available to borrower?

Re: Home Mortgage Interest Worksheet, Section F, Item 3 Beginning Balance; What does this refer to?

Yes, the beginning balance of a HLOC refers to the amount that was made available to you when originally applied for the loan.  

 

@gpaulltax

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question