topic 1098 For Marriott Ownership Resort in Deductions & credits

1098 For Marriott Ownership Resort

Homefries — Mon, 09 Mar 2026 08:25:23 GMT

I have a mortgage with Marriott Ownership Resorts and they have supplied a 1098 showing mortgage interest paid. This is for their destinations program and you have ownership in their trust which allows you to stay at any number of resort properties. Is this mortgage interest deductible since I don't own a specific piece of property with this program?

Re: 1098 For Marriott Ownership Resort

AamilD — Thu, 10 Mar 2022 20:03:24 GMT

It depends. You can deduct interest on a timeshare if it is deeded and recorded in public records and it meets all the requirements for deducting mortgage interest.

Additionally, if you rent out the timeshare during the year, you must also use it as a home for more than 14 days or more than 10$ of the number of days it is rented. You count your days of use and the days of rental only during the time you have a right to use it or to receive any benefits from its rental.

Mortgage interest can only be claimed on a maximum of two homes (main home and a second home). If you have mortgages on two homes and a timeshare, you won’t be able to deduct the mortgage interest on one of those properties.

Re: 1098 For Marriott Ownership Resort

Justin05232000 — Wed, 25 Jan 2023 16:39:46 GMT

where do i enter this form on my tax return? is it considered a second home? I only have one primary home and the marriott ownership.

Re: 1098 For Marriott Ownership Resort

SantinoD — Wed, 25 Jan 2023 17:00:04 GMT

Since you have a primary home, the Marriott property would be considered a second home and should be entered as such in TurboTax.

Here's how to enter your mortgage interest statement in TurboTax:

Open or continue your return, if you haven’t already
Locate the search bar in the upper right of your screen, and search for 1098. Select the Jump to link at the top of the search results
Answer Yes on the screen Did you pay any home loans in 2022?
On the following screens, you can choose how to enter your 1098:
- If your lender is a TurboTax partner, you can import your Form 1098. Search for your bank or financial institution and enter your login credentials to begin the import process
- If you prefer to upload a copy of your form from your device, or type in the info yourself, select Change how I enter my form and follow the instructions on the next screens
As you continue through the screens, answer the questions about your mortgage according to your situation and enter or confirm the info from your 1098

If you're using the mobile app, use these instructions.

@Justin05232000

Re: 1098 For Marriott Ownership Resort

Cglg1965 — Wed, 12 Apr 2023 23:24:45 GMT

If I do not own a home but have the above would it go under primary, second or other

Re: 1098 For Marriott Ownership Resort

ErnieS0 — Wed, 12 Apr 2023 23:56:39 GMT

The federal itemized deduction form, Schedule A, does not split mortgage interest into primary or secondary. It's all added together and reported on one line so it doesn't matter where you put it.

In your case, time share interest would fall under second (or vacation) home since you don't have a main home.

@Cglg1965