Why would my tax liability go up when I add a 2nd 1098 (Mort Int Statement, loan transferred) w/additional interest? It went up when I added the ending mort balance.
My tax liability went up about $300 when I added a 2nd 1098 (Mort Interest Statement). It seemed that the end of 2018 mortgage balance is what triggered the increased liability.
If anything, additional paid mortgage interest should never increase liability, right?