topic I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not get a tax form for this interest. How do I do this? in Get your taxes done using TurboTax

I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not get a tax form for this interest. How do I do this?

awgjerm — Fri, 12 Mar 2021 01:38:25 GMT

Re: I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not ge...

DavidD66 — Fri, 12 Mar 2021 04:23:36 GMT

A quit claim deed is not a tax document. It shows ownership of property. It would not be entered on your tax return. Can you clarify why you are wanting to enter it on your tax return?

Re: I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not ge...

awgjerm — Fri, 12 Mar 2021 13:42:30 GMT

I make payments each month, and interest was about $1600 for the year 2020.

Re: I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not ge...

awgjerm — Fri, 12 Mar 2021 13:44:00 GMT

Contract for deed is probably the correct term.

Re: I have a quit claim deed. I cannot find a way to input my interest into Turbotax. I do not ge...

fanfare — Fri, 12 Mar 2021 14:26:04 GMT

if you don't get a 1098,

enter your interest paid under "interest not reported on a 1098"

Schedule A line 8b

click on "The seller is financing this loan and I didn't receive a 1098."