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July 12, 2020
Question

I purchased our second home, a travel trailer. My interest paid in 2019 was $1106.53. This is deductable, correct? Where do I enter this in turbotax?

  • July 12, 2020
  • 2 replies
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2 replies

CatinaT1
July 12, 2020

 If your vehicle qualifies, you enter it in the same area you enter interest entered on Form 1098 for itemized deductions.  You will just not have a 1098 Form.

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July 15, 2020

Hello:

I sold my primary home in 2019 and entered the information in Turbotax.  But, the system doesn't have a place to enter the new primary home that I also purchased in 2019.  I need to enter the closing costs. 

 

The previous years' version had a section where it questioned whether we still own the property from the past year.  But the 2019 version is not as straight forward.

Please respond quickly as today is the deadline.

 

Thank you