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June 1, 2019
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I was told I can claim interest paid on my RV loan. Where do I enter this info?

  • June 1, 2019
  • 1 reply
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Best answer by sbooker

Yes, you can deduct interest on your RV.

1) Click the FEDERAL TAXES tab

2) Select DEDUCTIONS & CREDITS t

3) Navigate to the EXPLORE ON MY OWN option and select I'll choose what I work on

4) You should see a sub-group here labeled YOUR HOME.

5) Click the START button on the line in this sub-group that is labeled MORTGAGE INTEREST, REFINANCING & INSURANCE
6) Answer the questions in the  TurboTax interview for this topic, treating your camper (RV / 5th Wheeler) as either your primary or secondary home for purposes of answering the TurboTax questions in this section

https://ttlc.intuit.com/replies/3301694





1 reply

sbookerAnswer
June 1, 2019

Yes, you can deduct interest on your RV.

1) Click the FEDERAL TAXES tab

2) Select DEDUCTIONS & CREDITS t

3) Navigate to the EXPLORE ON MY OWN option and select I'll choose what I work on

4) You should see a sub-group here labeled YOUR HOME.

5) Click the START button on the line in this sub-group that is labeled MORTGAGE INTEREST, REFINANCING & INSURANCE
6) Answer the questions in the  TurboTax interview for this topic, treating your camper (RV / 5th Wheeler) as either your primary or secondary home for purposes of answering the TurboTax questions in this section

https://ttlc.intuit.com/replies/3301694