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.

famidon
New Member

Why is Turbotax 2018 asking me for beginning principal. What am I supposed to put in here? Is this the beginning principal at the start of 2018?

I am not sure what principal they are asking for. Is this the original loan amount?

1 Best answer

Accepted Solutions
Anonymous
Not applicable

Why is Turbotax 2018 asking me for beginning principal. What am I supposed to put in here? Is this the beginning principal at the start of 2018?

yes this is one of the questions to determine if you are subject to the mortgage interest limitation.  

View solution in original post

1 Reply
Anonymous
Not applicable

Why is Turbotax 2018 asking me for beginning principal. What am I supposed to put in here? Is this the beginning principal at the start of 2018?

yes this is one of the questions to determine if you are subject to the mortgage interest limitation.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v