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Level 2
posted Feb 20, 2021 2:15:20 PM

Where do I enter 1098 Mortgage Interest income?

Doing my mother's return and she has received mortgage interest income on form 1098 from a mortgage she holds with a family member.  I'm not finding anywhere in Turbotax Home and Business to enter it.  Can someone point me in the right direction?  Thanks much.

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1 Best answer
Expert Alumni
Feb 20, 2021 3:30:27 PM

Mortgage interest income is treated the same as any other interest income for tax purposes. Enter it under Personal Income, in the Interest on 1099-INT interview of Interest and Dividends.

 

(Form 1098 is used to report mortgage interest you paid, not received).

1 Replies
Expert Alumni
Feb 20, 2021 3:30:27 PM

Mortgage interest income is treated the same as any other interest income for tax purposes. Enter it under Personal Income, in the Interest on 1099-INT interview of Interest and Dividends.

 

(Form 1098 is used to report mortgage interest you paid, not received).