1098 Mortgage Splitting

Amanda_Watson

Create two 1098 screens. Point each screen to a separate schedule using the For field at the top of the screen. Enter that part of the total intended for the designated schedule on each screen. The software cannot split the income to separate schedules from one 1098 screen.

For example, a 1098 with total mortgage interest received of $5,000, of which $2,000 should go to Schedule A, and $3,000 to Schedule E:

Amanda_Watson

@Diane Do you like this post?