Vanessa A
Expert Alumni

Deductions & credits

If you have a loan that is secured by your house, then you would enter the interest paid in the home section by clicking Federal>>Deductions and Credits>>Show more next to Home>>Start next to 1098.  You would enter the information in the 1098 form area, then select you do not have a 1098 form.

 

If the loan is not secured by your home, then the interest is not deductible. 

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