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June 4, 2019
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My son pays an amortized mortgage payment to me, How do I report this income such that he may deduct it?

  • June 4, 2019
  • 1 reply
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Best answer by Ashby

Just type in your search box seller financed interest

You can then click on the "Jump to" link

You will see a screen that says "Any Seller Financed Loans?"

Answer yes and work your way through the steps to add the interest. Your son can then get the deduction on his return.

1 reply

AshbyAnswer
June 4, 2019

Just type in your search box seller financed interest

You can then click on the "Jump to" link

You will see a screen that says "Any Seller Financed Loans?"

Answer yes and work your way through the steps to add the interest. Your son can then get the deduction on his return.