Solved: In TurboTax, open your return and follow these steps: Cl...

How to declare interest from a seller financed mortage.

We financed our house to a buyer and need to know how to declare the interest.

posted

In TurboTax, open your return and follow these steps:

Click on Federal Taxes, then on Wages and Income
Under All Income, locate the Interest and Dividends section
Click Show more and click Start next to Interest from Seller-Financed Loans (see attached screenshot).

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In TurboTax, open your return and follow these steps:

Click on Federal Taxes, then on Wages and Income
Under All Income, locate the Interest and Dividends section
Click Show more and click Start next to Interest from Seller-Financed Loans (see attached screenshot).