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2 posts tagged with taxes by lobstah.
Displaying 1 through 2 of 2.
Looking for some tax help ! We refinanced a mortgage last April, going from a traditional bank to a savings & loan. During the process, we also closed the bank line of credit and opened a new one at the S&L. The bank held an escrow, but the S&L does not. My 1099 from the S&L has a modest earned interest amount for the period of April - December, but the bank's 1099 is more than 10x that amount. Is this due to the escrow, or is this a mistake ?
posted by lobstah
on Apr 11, 2012 -