You will enter your home equity line of credit (HELOC) interest as if
you had a Form 1098.
To enter mortgage interest, including that from a home equity
line of credit (HELOC), you'll need the amount from either a Form 1098 (no "-T" or
"-E"), HUD-1, or other statement or records showing the home
loan interest.
- Once in your return, enter "mortgage interest" in
search box on blue dashboard.
- Click Jump to Mortgage Interest.
- Continue through screens and on screen
titled Let's get the details from your bank 1098 now, enter
mortgage interest from your HELOC in Box 1.
If you've already entered other mortgage interest, you'll want to click Add a lender on the "Mortgage deduction summary" screen.
- Once in your return, type "mortgage interest"
in search box on blue dashboard
- Click on blue line Jump
to mortgage interest
- On "Mortgage deduction summary" screen choose Add a lender
- On the screen "Let's get the details from your bank 1098 now", enter mortgage interest from your HELOC in Box 1.
