But what if the seller is NOT the mortgage lender?
For example, we financed a personal mortgage for our son, secured by his home, so we are not required to send him a 1098 as a closely related lender, but we are also not the seller. The interest he pays us should qualify him for the mortgage interest deduction, even without a 1098.
I cannot figure out how my son would enter this in TurboTax.
(I cannot check the correct box 2a on the Mortgage Interest Worksheet - "I did not receive a 1098")
Does he just pretend he has a 1098 in TurboTax with the correct numbers AS IF WE DID send him an actual 1098?
