TT is asking for my outstanding mortgage balance... My monthly mortgage statement only has 'Outstanding principal'. Where or how do I find my outstanding mortgage balance for TT?
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outstanding principle and outstanding mortgage balance are similar terms and are used interchangeably,
TurboTax wants my "outstanding mortgage balance at the end of 2018".
The lender's 1098 for 2018 shows the outstanding mortgage balance as of 1/1/18, but not at the end of the year.
What does TurboTax do with the latter amount (i.e., is it critical to be exact)?
I have a 1/11/19 mortgage statement which reads:
Unpaid principal balance
(This is not a payoff amount.)
$<theAmount>
... but I don't think I can use that as an accurate amount.
Any suggestions?
thanks
Great to know. The mortgage isn't anywhere near $750,000, so that's good to know too. Thanks much.
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