![ProConnect Help](https://uxfabric.intuitcdn.net/web-app/sh-exp-pcg-app-experience/pcg_ohh_icon.2bb472dd.png)
Entering Form 1098-MA Mortgage Assistance Payments in the Individual Module in Lacerte
by Intuit• Updated 3 weeks ago
What's new for Form 5695 for tax year 2023:
Energy efficient home improvement credit: The nonbusiness energy property credit has changed to the energy efficient home improvement credit. The credit is extended to property placed in service through December 31, 2022. See here for more information.
Residential clean energy credit: The residential energy efficient property credit has changed to the residential clean energy credit. The credit rate for property placed in service in 2022 through 2033 is 30%. See here for more information.
Use Form 1098-MA to calculate amounts for Schedule A lines 10 or 11 in tax year 2021 and prior.
To enter Form 1098-MA on Schedule A line 10:
- Go to Screen 25, Itemized Deductions
- Scroll down to the Interest section
- Input the amount in the field Home mortgage interest & points on Form 1098 [A] (Ctrl+E) code 21
To enter Form 1098-MA on Schedule A line 11:
- Go to Screen 25, Itemized Deductions
- Scroll down to the Interest section
- Press Ctrl + E in the field Home mortgage interest not on Form 1098 (Ctrl+E) (code 22) and enter the following:
- Payee's name
- Payee's SSN or EIN
- Payee's street address
- Payee's city
- Payee's state
- Payee's ZIP
- Amount
Refer to Publication 530 for more information.
Sign in now for personalized help
Ask questions, get answers, and join our large community of Intuit Accountants users.
More like this
- Understanding Form 1098-MA Mortgage Assistance Payments in Lacerteby Intuit•9•Updated 1 year ago
- Entering home mortgage interest and other information from Form 1098 in Lacerteby Intuit•259•Updated February 20, 2024
- Entering individual Form 1095-B in Lacerteby Intuit•762•Updated 2 years ago
- Entering Form 1095-A in Lacerteby Intuit•861•Updated July 15, 2024
- Entering Form 1099-C on an Individual return in Lacerteby Intuit•804•Updated 1 week ago