Question

I have an additional mortgage interest statement bc I refinanced may 2016. I only entered one

Forum|Forum|6 years ago
June 6, 2019
1 reply
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Statement that I didn't add. I refinanced may 2016. Do I need to add the second statement?

TurboTax Deluxe Online

Yes, you can claim the mortgage interest on the second form 1098 if you refinance your loan. Origination fees (or points) cannot be deducted in 2016 but have to be spread over the life of the loan.

You can add the second form 1098 by following these steps:

In TurboTax, open your return and click on Federal Taxes then on Deductions & Credits
Click Edit/Add next to Mortgage Interest, Refinancing, and Insurance
On the Mortgage deduction summary page, click on Add a Lender (see attached screenshot)

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