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June 4, 2019
Question

I bought 10 acres in 2018. There is no house on it, just land. Do I put the 1098 form information on my return?

  • June 4, 2019
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2 replies

June 4, 2019
Is the 1098 for interest on a loan for just the land, or is it a combo land/construction loan?
June 4, 2019

No - not if the loan was just for the land.

Yes - if the loan was for the land and also a construction loan for a house.


For details, please see TurboTax DavidD's explanation below:
https://ttlc.intuit.com/replies/4914160