This interest may qualify as investment interest expense, which is limited to the amount of net investment income you earned for the year. You report investment interest expense in the section Retirement and Investments. Proceed through that section, reading all the information provided and making all the necessary entries. The interest expense will be reported on Schedule A as an itemized deduction.
Be sure to include Form 8990 with your return if you mail it. Otherwise, attach Form 8453 to Form 8990 and mail them separately. (You can print Form 8453 from TurboTax for Desktop using Forms Mode (F6 or Forms>Open Form...).
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