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Get your taxes done using TurboTax
Bsch4477 is correct. Enter both Form 1098 forms like you normally would.
You can deduct interest on a second home if it meets the requirements. See Can I deduct mortgage interest on a second home?
Here's how to enter your mortgage interest statement in TurboTax:
- Open or continue your return, if you haven’t already
- Locate the search bar in the upper right of your screen, and search for 1098. Select the Jump to link at the top of the search results
- Answer Yes on the screen Did you pay any home loans in 2022?
- On the following screens, you can choose how to enter your 1098:
- If your lender is a TurboTax partner, you can import your Form 1098. Search for your bank or financial institution and enter your login credentials to begin the import process
- If you prefer to upload a copy of your form from your device, or type in the info yourself, select Change how I enter my form and follow the instructions on the next screens
- As you continue through the screens, answer the questions about your mortgage according to your situation and enter or confirm the info from your 1098
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April 6, 2023
7:07 AM