Question

TurboTax asking for my final loan balance as of 1/1/21 from a particular lend, but I refinanced and that lender no longer held my loan by that date. What should I enter?

Forum|Forum|5 years ago
February 15, 2021
1 reply
0 views

No text available

TurboTax Deluxe Online

Employee

Enter a zero since you had no loan balance or if there is no financial tax information for that lender, you can just delete them.

Mortgage insurance premiums have not been deductible the last 2 years and now they can be retroactively taken. You should check to see if you had MIP and may want to consider amending your returns if you itemized the last 2 years. See Publication 936 (2019), Home Mortgage Interest Deduction .

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"