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January 31, 2020
Question

Mortgage transferred Servicers

  • January 31, 2020
  • 1 reply
  • 0 views

I purchased a house in December 2019 and the mortgage got transferred to another servicer at the end of December. I've received two 1098's, and I've inputted both of them into Turbo Tax. Both of them have the full amount I've paid for mortgage insurance in box 5, so when I fill out for both of these Turbo Tax is using both amounts towards the mortgage insurance deduction. 

1 reply

January 31, 2020

You don't want to double dip, so just leave box 5 blank on one of the 1098 forms.

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