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May 14, 2021
Question

(FedTax) Multiple 1098's for Primary Home Loan. 2020-Changed fm Wells Fargo to Commerce HM. Loan under $500K. WF Interest: $13215/ CHM Interest $2227.30. Do I merge them?

  • May 14, 2021
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1 reply

AmyC
Employee
May 14, 2021

That is the easiest. Use the loan balance of the newest loan. Your schedule A has the combined totals only to submit to the IRS.

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