According to FEMA: "Interest on both SBA loans and home equity loans should be tax deductible as long as the home is used as collateral." https://www.fema.gov/news-release/2004/11/04/sba-home-disaster-loan-vs-home-equity-loan
If you are using the desktop (CD/Download) version of TurboTax, you can switch to the Forms view (Ctrl +2) and enter this interest directly on Schedule A, line 8 b. (see sample screenshot below)
Please note: You will need to print and mail this return. You will not be able to e-file it.
[Edited 04.10.2019 | 9:37 am pst]
