Any tax people here?

Thrak · 02-01-2010, 07:01 PM

Doing my taxes and hit a snag... line 4 on my 1098s are confusing. I have 4 of them!

We refi'd last year and paid over $4000 up front for MIP. However, I'm not sure if I'm allowed to put that in as total MIP for 09 or what I should do with it... that 1098 is from the refi company, and not even BOA (who my mortgage is now with). My BOA 1098 shows ~$325 MIP for 09.

So, do I add them together? Take one or the other? The difference in my return is pretty significant obviously and I dont want to get it wrong.

Thanks!!

02-01-2010, 07:01 PM	#1
Thrak .. the man from Nantucket Join Date: Jan 2009 Location: Canton, GA Posts: 558 Trading: (2)	Any tax people here? Doing my taxes and hit a snag... line 4 on my 1098s are confusing. I have 4 of them! We refi'd last year and paid over $4000 up front for MIP. However, I'm not sure if I'm allowed to put that in as total MIP for 09 or what I should do with it... that 1098 is from the refi company, and not even BOA (who my mortgage is now with). My BOA 1098 shows ~$325 MIP for 09. So, do I add them together? Take one or the other? The difference in my return is pretty significant obviously and I dont want to get it wrong. Thanks!!