MargaretL
Expert Alumni

Deductions & credits

Property taxes and prepaid interest are entered in Deductions & Credits category, Your Home section. The amounts do not have to be listed on 1098, you can deduct them as long as they were paid.

Prepaid interest:

  1. Federal Taxes
  2. Deductions & Credits
  3. Your Home
  4. Mortgage Interest - follow the prompts, when lender's name is entered, be sure to select an option that applies to you.. such as I bought or improved my main home with this loan in 2016


Real Estate Tax:

  1. Federal Taxes
  2. Deductions & Credits
  3. Your Home
  4. Property Taxes