You'll need to sign in or create an account to connect with an expert.
You maybe able to deduct the mortgage interest, property taxes, or point paid on your equity loan. This help reduce your tax liability, if you are itemizing your deductions. The Bank or Lender should send you a 1098 For each year for you to claim a deduction. You do not need to report the loan amount on the form.
You maybe able to deduct the mortgage interest, property taxes, or point paid on your equity loan. This help reduce your tax liability, if you are itemizing your deductions. The Bank or Lender should send you a 1098 For each year for you to claim a deduction. You do not need to report the loan amount on the form.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jmpeacock-sbcglo
New Member
mattsearfus-gmai
New Member
obeteta
New Member
wallisrr
New Member
megan0956
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.