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January 28, 2024
Question

I purchased a trailer in 2023 and will not get a 1098 form the lender. Ive read on turbo tax that it is still deductable, but where?

  • January 28, 2024
  • 1 reply
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1 reply

January 28, 2024

Interest you paid for your trailer is only deductible as mortgage interest if the trailer has sleeping, cooking and toilet facilities and the loan is secured by the trailer.

 

If this is the case, you enter interest as if you had received a form 1098.

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