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February 16, 2025
Question

Received interest payments from a seller financed mortgage

  • February 16, 2025
  • 1 reply
  • 0 views

Hello,

 

Doing taxes in Turbo tax 2024, and in "other interest and dividends" section, why can't I uncheck the "Received interest payments from a seller financed mortgage".  We bought our home in Feb 2022, and the loan was sold to another servicer.  Loan was sold again in Dec 2024 to another servicer.  We had no interest paid to us.

 

Thank you

    1 reply

    PatriciaV
    Employee
    February 17, 2025

    You may need to edit (pencil icon) the Seller-Financed Mortgage topic and delete the prior year form that was transferred to your current tax return. This appears on a page called "Seller-Financed Interest Summary." Click the Delete button and confirm.

     

    Or you can delete the form "Seller-Fin" directly using these instructions: 

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