topic Where do i enter interest income from a private mortgage? in Deductions & credits

Where do i enter interest income from a private mortgage?

waynegolla — Mon, 09 Mar 2026 08:25:04 GMT

can i enter income from private mortgage interest received?

Re: Where do i enter interest income from a private mortgage?

ThomasM125 — Thu, 10 Mar 2022 20:37:43 GMT

You would enter your private mortgage interest income in the Federal section of TurboTax, then Interest and Dividends, then Interest from Seller-Financed Loans.

Re: Where do i enter interest income from a private mortgage?

albatross333 — Thu, 12 Oct 2023 18:15:11 GMT

I lent money to my daugher and her husband to purchase a house. I hold the mortgage drawn up by an attorney with an appropriate interest rate. Your answer referred to making an entry as the seller. I am not the seller, just the lender. I cannot seem to find out how to make that kind of interest income entry.

Re: Where do i enter interest income from a private mortgage?

VolvoGirl — Thu, 12 Oct 2023 18:24:58 GMT

Just enter it like bank interest on a 1099INT. You don't need to have a 1099 or bank name.

If you received interest from someone either as mortgage interest or other interest, enter it like you had received a 1099-INT and put the amount in Box 1. Enter it under….
Federal Taxes Tab
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start or Update button

Don't enter a bank or broker name and don't try to import it. At the bottom pick - Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

Re: Where do i enter interest income from a private mortgage?

albatross333 — Thu, 12 Oct 2023 20:03:26 GMT

Thank you VolvoGirl, much appreciated!

Re: Where do i enter interest income from a private mortgage?

annetaylor1123 — Thu, 09 Jan 2025 14:12:47 GMT

I've done this in the past, but for 2024, it is giving me an error and wants me to enter a TEIN. How do i get around this?

Re: Where do i enter interest income from a private mortgage?

AmyC — Thu, 23 Jan 2025 18:14:29 GMT

The IRS is matching who pays the interest and who claims the interest. You will need to enter the lender's information in order to e-file.

@annetaylor1123