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.

Form 1098

hello, my form 1098 (mortgage loan) has a box 10 specified as "other" with the value of 1605.74 in it.  When I go to plug my values in on TurboTax Home & Business, there is no box 10 area to plug in that value.  There is an empty box that is specified as "Property (real estate) taxes paid" but that is it.  Could this be what I am looking for?

 

 

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 Reply
DawnC
Employee Tax Expert

Form 1098

Yes.   Box 10 is for amounts paid through escrow - it could be property tax or insurance.   if your monthly mortgage payment includes an amount placed in escrow (put in the care of a third party) for real estate taxes, you can’t necessarily deduct the total amount. You can only deduct the property/real estate tax that was actually paid by the third party to the taxing authority, on your behalf.

 

Property Taxes Paid Through Lender

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question