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I have Amortization $550.26 on my mortgage interest 1098 - where do I enter that?

Is Amortization (in box 10) addressed elsewhere?
It's in there with R/E taxes
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1 Reply
VictoriaD75
Expert Alumni

I have Amortization $550.26 on my mortgage interest 1098 - where do I enter that?

This is likely mortgage points. Did you purchase the home or refinance in 2019? Do you have anything reported in box 6? When you refinance, any points paid must be amortized over the life of the loan. If you refinanced in a prior year, they may be reporting the to-date amortization as additional information, which would not need to be entered on your return.

 

How to Deduct Mortgage Points

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