Skip to main content
June 3, 2019
Solved

I hold a mortgage and need to know how do I claim the interest made?

  • June 3, 2019
  • 2 replies
  • 0 views

Where claim income from mortgage

Best answer by AlanT222

You will need to enter the interest as if you had a Form 1099

Open your return

  1. Click on Wages and Income at the top of the page
  2. Scroll down to Interest on 1099-INT
  3. Click on Start or Update
  4. Enter the interest in Box 1

2 replies

Employee
June 3, 2019
The person to whom you lent the money needs your EIN or SSN to claim a tax deduction for the interest paid.
AlanT222Answer
June 3, 2019

You will need to enter the interest as if you had a Form 1099

Open your return

  1. Click on Wages and Income at the top of the page
  2. Scroll down to Interest on 1099-INT
  3. Click on Start or Update
  4. Enter the interest in Box 1
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"