ibjoe
New Member

Deductions & credits

Specifically, I loaned my relative to buy a house, they pay me principal and interest every month. I understand I don't need to send them form 1098, because this is a personal loan, not "in the course of (my) trade or business". I think I should send them 1098 anyway, because that may be easiest way for us both. Where to claim that interest income in TurboTax Deluxe? Thanks.