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Returning Member

RV Loan Interest Deduction

I have interest to deduct for an RV loan (the RV qualifies as a second home. Turbo Tax requires a principal balance amount be entered, but the loan was paid off in 2019. The software will not accept a balance of zero. How do I get past this required field to finish my taxes?

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Expert Alumni

RV Loan Interest Deduction

Enter the balance of the loan as of 01/01/2019.

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