awgjerm
New Member

I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not get a tax form for this interest. How do I do this?

 
DavidD66
Expert Alumni

Get your taxes done using TurboTax

A quit claim deed is not a tax document.  It shows ownership of property.  It would not be entered on your tax return.  Can you clarify why you are wanting to enter it on your tax return?

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awgjerm
New Member

Get your taxes done using TurboTax

I make payments each month, and interest was about $1600 for the year 2020.

awgjerm
New Member

Get your taxes done using TurboTax

Contract for deed is probably the correct term. 

Get your taxes done using TurboTax

if you don't get a 1098, 

enter your interest paid under "interest not reported on a 1098"

Schedule A line 8b

 

click on "The seller is financing this loan and I didn't receive a 1098."