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.

cadvin
New Member

With regard to Home Mortgage Interest Worksheet; It is asking me for my beginning principal balance, why? I've never had to do this before.

 
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

With regard to Home Mortgage Interest Worksheet; It is asking me for my beginning principal balance, why? I've never had to do this before.

The new tax law changed how much mortgage interest could be deducted and the beginning principal balance is used in some of those calculations. 

View solution in original post

1 Reply

With regard to Home Mortgage Interest Worksheet; It is asking me for my beginning principal balance, why? I've never had to do this before.

The new tax law changed how much mortgage interest could be deducted and the beginning principal balance is used in some of those calculations. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies