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April 8, 2022
Question

My 1098 form box 7 isn’t checked but there is an address in box 8. Does this qualify as a secured loan?

  • April 8, 2022
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1 reply

April 8, 2022

Yes.  In TurboTax leave box 7 empty and answer the follow on question that the loan was secured by a property of yours. 

 

As long as your mortgage is secured by your main home or second home, with some exceptions, it is deductible.  TurboTax will wall you through the required questions.

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