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Deductions & credits
If the money was used to improve your primary home and the primary home secures that loan, then on the 1098 either box 7 is checked, or the address of the property that secures the loan is shown in box 8. In that case, it's a SCH A itemized deduction and gets entered in the same place your enter your primary loan mortgage interest. That would be under the Deductions & Credits tab in the "Your Home" section where it asks for mortgage interest.
March 4, 2023
12:26 PM
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