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April 12, 2022
Question

We have a mortgage on a second home. Should I enter the amount of interest paid in Box 1 of Form 1098, or put 0? I don't think its deductible, right?

  • April 12, 2022
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1 reply

DawnC
Employee
April 12, 2022

Enter the amount in box 1 of Form 1098.   Deductible mortgage interest is any interest you pay on a loan secured by the main home or second home that was used to buy, build, or substantially improve your home.

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