We have an RV loan that qualifies for a mortgage interest deduction. However, no 1099 form will be issued. Where do we inter the interest for this loan?

Mancusofj · ‎May 31, 2019

NicoleU · ‎May 31, 2019

Yes, it may be claimed, if the property have all three features:

sleeping
cooking and
toilet facilities

The benefit of treating a boat or RV as your primary residence or your second home, is to take allowable homeowner tax deductions that can decrease your overall tax bill. As long as the boat or RV is security for the loan used to buy it, you can deduct mortgage interest paid on that loan.

For more information, please see this link:https://turbotax.intuit.com/tax-tools/tax-tips/Home-Ownership/Can-You-Claim-a-Boat-or-RV-as-a-Primar...

If it applies, please do the following within TurboTax:

Federal Taxes
Deductions & Credits
Your Home (section), Show more
Mortgage Interest, Refinancing, and Insurance, click Start

We have an RV loan that qualifies for a mortgage interest deduction. However, no 1099 form will be issued. Where do we inter the interest for this loan?

Deductions & credits