Question

I have 4 different 1098's connected to the same property I purchased this year. Will turbo tax allow for all 4 or do I need to add them together in on box

Forum|Forum|5 years ago
February 21, 2021
1 reply
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The original loan was 2 mortgages so I could get the full home amount needed. The original financer sold the loan to another bank. I now have 4 1098's. How do I get them all included combined on my taxes?

TurboTax Deluxe Online

D

DanaB27

Please see What do I do if I have multiple 1098s from refinancing my home debt? for instructions.

Possible Itemized Deductions are:

Medical and dental costs above and beyond 7.5% of your AGI
State, local, real estate, and personal property taxes ($10,000 limit)
Home mortgage interest
Charitable donations and gifts

Standard deductions for 2020

Single - $12,400 add $1,650 if age 65 or older
Married Filing Separately - $12,400 add $1,300 if age 65 or older
Married Filing Jointly - $24,800 add $1,300 for each spouse age 65 or older
Head of Household - $18,650 add $1,650 if age 65 or older

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I have 4 different 1098's connected to the same property I purchased this year. Will turbo tax allow for all 4 or do I need to add them together in on box

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