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March 9, 2025
Question

Box 7 on 1098

  • March 9, 2025
  • 1 reply
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I have two 1098 forms because my loan was sold one month after I purchased the house. I use the house for primary residence. The first 1098 form shows box 7 unchecked and box 8 empty. The second 1098 form shows box 7 checked and box 8 as my current address. When I enter the first form to Turbotax, should I enter box 7 checked or not?

Thanks

K

1 reply

March 9, 2025

The instructions for the Form 1098 state that Box 7 should be checked (or box 8 has been completed).  Since this is your primary residence, you can go ahead and check the box.

 

See: Instructions for Payer/Borrower

kzgumusAuthor
March 9, 2025

Thanks so much,

K