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How go I enter Interest from Seller-Financed Loans in Turbo tax Free online? I normally enter this on Schedule B but don't see it Turbo tax Free?

 
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1 Reply
PatriciaV
Expert Alumni

How go I enter Interest from Seller-Financed Loans in Turbo tax Free online? I normally enter this on Schedule B but don't see it Turbo tax Free?

TurboTax Free has changed for tax year 2023 and is available only for simple income and limited credits.

 

Situations covered (assuming no added tax complexity):

  • W-2 income
  • Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B
  • IRS standard deduction
  • Earned Income Tax Credit (EITC)
  • Child Tax Credit (CTC)
  • Student loan interest deduction

If you don’t have a Form 1040 return that is limited to the above, we have other paid options to file using TurboTax. See How do I upgrade or switch to a higher version of TurboTax Online?

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