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June 6, 2019
Question

I have a 1098 for interest that I received for a timeshare rental

  • June 6, 2019
  • 1 reply
  • 0 views
How do I report this? Its for only $94

1 reply

Employee
June 6, 2019

If you are itemizing your deductions, then it is reported on schedule A. To navigate to the section:

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type '1098' in the box, then select GO

If you are taking the standard deduction, then you don't report it.

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