turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

TT isn't asking when/how much we paid off on our original mortgage when we refinanced into a new loan. So our Home Acquisition Debt is now at $0, when it should be $118K.

 
Connect with an expert
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.

1 Best answer

Accepted Solutions

TT isn't asking when/how much we paid off on our original mortgage when we refinanced into a new loan. So our Home Acquisition Debt is now at $0, when it should be $118K.

 

TT isn't asking when/how much we paid off on our original mortgage when we refinanced into a new loan.

That info is immaterial ... the beginning loan amount on the new loan would be zero.  Enter the original loan first, indicate you refinanced it and then follow the screen instructions.  

View solution in original post

2 Replies

TT isn't asking when/how much we paid off on our original mortgage when we refinanced into a new loan. So our Home Acquisition Debt is now at $0, when it should be $118K.

I'll page @Critter-3 

TT isn't asking when/how much we paid off on our original mortgage when we refinanced into a new loan. So our Home Acquisition Debt is now at $0, when it should be $118K.

 

TT isn't asking when/how much we paid off on our original mortgage when we refinanced into a new loan.

That info is immaterial ... the beginning loan amount on the new loan would be zero.  Enter the original loan first, indicate you refinanced it and then follow the screen instructions.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies