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June 5, 2019
Question

On my 1098 form I have a value in the interest reconciliation part of interest paid, is this a value I need to enter in?

  • June 5, 2019
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1 reply

Employee
June 5, 2019

What box number are you seeing that information? In general, you will be using Boxes 1,5, and 6 values as deductible items on your schedule A.

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May 16, 2020

In box 1, I have the mortgage interest received amount. However, within the statement, I have a differing amount that says interest reconciliation of interest paid.  Which amount am I entering?