@Timcinjon9 wrote:
Where di I enter 2020 loan interest paid to repair my home
Personal loans and the interest on the loan are never deductible on a tax return regardless of what the funds from the loan are used for.
If you have a second mortgage or home equity/improvement loan or a home equity line of credit the interest on these loans would be deductible if the funds are used to improve the value of the home and/or extend the life of the home.
Repairs to a personal residence, not used as a rental or in a business, are not deductible on a tax return so the interest paid on the loan is not deductible. Unless the repair is included as part of an improvement to the home then the interest on the loan would be deductible.
