Thank you for your response, but Yes, I was already aware that checking that box gets the interest expense onto line 8b on Schedule A in your return. However, as I stated in my prior post (please read it), my case was NOT a “seller financed loan.” The seller was an unrelated third party. The loan was from parents to son. What I am trying to find out from Turbo Tax is how do you get the mortgage interest expense onto line 8b in Schedule A of your tax return when the secured loan was from parent to son so therefore, there is NO form 1098, but it was NOT a seller financed loan. The mortgage is recorded in the county clerks office like any third party lender’s would have been. The loan is secured by the home.
