- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My mortage was tranferred. I received 2 1098 forms, one for each bank. Since they are for the same loan do I combine the amounts or do I have to enter 2 different forms?
This was a new house purchase. In Turbotax it seems to ask you to enter one for each loan but since they are the same loan I am not sure if I should just combine them and enter one total 1098?
Topics:
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My mortage was tranferred. I received 2 1098 forms, one for each bank. Since they are for the same loan do I combine the amounts or do I have to enter 2 different forms?
You will enter this as two separate loans in TurboTax, so it will show in TurboTax as $$ paid to bank A, and also $$ paid to bank B.
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My mortage was tranferred. I received 2 1098 forms, one for each bank. Since they are for the same loan do I combine the amounts or do I have to enter 2 different forms?
You will enter this as two separate loans in TurboTax, so it will show in TurboTax as $$ paid to bank A, and also $$ paid to bank B.
Still have questions?
Make a post
Or browse the Forums