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June 3, 2019
Question

When a mortgage is acquired by a new servicer, they have $0.0 outstanding principal as of Jan 1 on 1098 Box 2. Turbo Tax will not allow zero entry. What do I do?

  • June 3, 2019
  • 1 reply
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    1 reply

    Employee
    June 3, 2019

    Be sure that the loan origination date is from 2018 if this is new loan service with a $0 beginning balance.