If you have a loan on
an RV or boat that you use as a home, your lender might not send you a 1098. You
can still claim this interest. Just enter the information from your year-end
statement.
To enter this
information, please follow these steps:
- Click on Federal Taxes >
Deductions & Credits [In TT Self-Employed:
Personal > Deductions & Credits > I'll choose what
I work on].
- In the Your Home section,
start by clicking on the Start/Revisit box next to
Mortgage Interest, Refinancing, and Insurance. [See
Screenshot #1 below.]
- If you have already entered
information on a mortgage(s) you will see the Mortgage deduction
summary screen. To enter the information on your RV loan click
the box Add a lender. [Screenshot #2]
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