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February 8, 2025
Question

Can I claim prior to tax year 2024 interest on my RV mortage loan if I had not claimed any prior?

  • February 8, 2025
  • 3 replies
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    3 replies

    Employee
    February 8, 2025

    Only by amending past year returns.  You cannot put any past year interest on a 2024 tax return.    The interest is an itemized deduction that goes on Schedule A.   If you do not have enough itemized deductions to exceed your standard deduction, the interest will not change anything.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    VolvoGirl
    Employee
    February 8, 2025

    No not the prior.  Just interest  you paid in 2024.  You would need to amend the prior years to add the interest you paid for that year.  

    SharonD007
    February 8, 2025

    No, you can't claim prior-year mortgage interest on your current year tax return, but you can amend your prior-year tax return.

     

    For more information and instructions to amend your prior year return, review the TurboTax articles  How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and  Video: How to Amend Your Tax Return.

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