Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 2:48:55 AM

I have a 1098 for interest that I received for a timeshare rental

How do I report this? Its for only $94

0 1 577
1 Replies
Employee Tax Expert
Jun 6, 2019 2:48:56 AM

If you are itemizing your deductions, then it is reported on schedule A. To navigate to the section:

  • In your open return, select My Account
  • Tools
  • Topic Search
  • Type '1098' in the box, then select GO

If you are taking the standard deduction, then you don't report it.