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February 5, 2021
Question

Form 1098, telling me mortgage origination date is not a valid date?

  • February 5, 2021
  • 1 reply
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1 reply

ReneeM7122
February 5, 2021

Here are a few things that could cause an error when you enter your mortgage origination date.

 

  1. Date format:  Use all 4 digits when you type in the year.  01/01/20 should be entered as 01/01/2020
  2. Use the date on Form 1098, Box 3 from your lender.
  3. Look for the purchase / acquisition date of the property.  Without knowing exactly what kind of mortgage it is, or whether it is a refinance, we can advise you that mortgage origination = purchase or acquisition (the closing date).

You can try correcting the error in the Deductions & Credits tab.  We'll assume this is a home loan.

 

1. Click Federal in left hand menu

2.  Click "Deductions & Credits" tab at the top of the page

3.  Scroll down to the "Mortgage and refinance" section

4.  Edit/add

5.  Edit your 1098

6.  Put in the date you closed on the loan