topic Where do I enter interest paid on a personal loan? Do I have to enter it? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/where-do-i-enter-interest-paid-on-a-personal-loan-do-i-have-to-enter-it/01/439262#M180681 Tue, 04 Jun 2019 22:15:27 GMT nikki-kiesow 2019-06-04T22:15:27Z Where do I enter interest paid on a personal loan? Do I have to enter it? https://ttlc.intuit.com/community/taxes/discussion/where-do-i-enter-interest-paid-on-a-personal-loan-do-i-have-to-enter-it/01/439262#M180681 Tue, 04 Jun 2019 22:15:27 GMT https://ttlc.intuit.com/community/taxes/discussion/where-do-i-enter-interest-paid-on-a-personal-loan-do-i-have-to-enter-it/01/439262#M180681 nikki-kiesow 2019-06-04T22:15:27Z No - interest paid on a personal loan is not a deductible... https://ttlc.intuit.com/community/taxes/discussion/no-interest-paid-on-a-personal-loan-is-not-a-deductible/01/439275#M180686 <P><B>No</B> - interest paid on a personal loan is not a deductible expense.&nbsp;Only mortgage interest (interest on a loan secured by the mortgage on your home), or interest on a student loan, is deductible</P> Tue, 04 Jun 2019 22:15:28 GMT https://ttlc.intuit.com/community/taxes/discussion/no-interest-paid-on-a-personal-loan-is-not-a-deductible/01/439275#M180686 JohnR1 2019-06-04T22:15:28Z So the person receiving the interest payment has to repor... https://ttlc.intuit.com/community/taxes/discussion/so-the-person-receiving-the-interest-payment-has-to-repor/01/439284#M180688 So the person receiving the interest payment has to report it on a 1099-INT but the person paying it does not have to show it anywhere?&nbsp;&nbsp;Would that be correct? Tue, 04 Jun 2019 22:15:30 GMT https://ttlc.intuit.com/community/taxes/discussion/so-the-person-receiving-the-interest-payment-has-to-repor/01/439284#M180688 lap 2019-06-04T22:15:30Z