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New Member
posted Jun 4, 2019 8:15:43 PM

When entering a 1098, box 2 is blank but it says outstanding mortgage principal must have a value

In TurboTax 2018, I am trying to enter a 1098 for a HELOC.  My 1098 form is blank in box 2 but TurboTax will not let me continue.  It says "Outstanding mortgage principal must have a value".  How do I continue?

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3 Replies
New Member
Jun 4, 2019 8:15:44 PM

Enter $1. It is inconsequential for tax purposes and will give you a value to move forward in the program.

New Member
Jun 4, 2019 8:15:45 PM

I guess $1.00 is okay. But the value is 0.00... So TurboTax has a bug!

Level 1
Jan 29, 2022 5:19:57 PM

On my form 1098 ( Mortgage paid off early 2021) -- Box 2 has the  1 January 2021 mortgage balance. Try that.