Where do I enter 1098 interest income on a mortgage loan?

djb01720 — Thu, 26 Feb 2026 18:50:15 GMT

I am being paid interest on a mortgage I have given.

Re: Where do I enter 1098 interest income on a mortgage loan?

DoninGA — Thu, 26 Feb 2026 18:57:39 GMT

To enter, edit or delete Home Mortgage Interest -
Click on Federal Taxes (Personal if using Home & Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Under Your Home
On Mortgage Interest, Refinancing, and Insurance, click on the start or update button

Re: Where do I enter 1098 interest income on a mortgage loan?

Vanessa A — Thu, 26 Feb 2026 19:03:31 GMT

If you received interest you would not have this on a 1098 reported to you. You would issue a 1098 to the people who are paying the mortgage payments and interest to you if in the course of your trade or business you received interest of more than $600. If this was not related to a trade or business, then you would not need to issue a 1098.

Is the mortgage you are holding an installment sale or just a regular, you financed the home for someone and they are paying you back principal and interest.

If it is an installment sale, then to enter in TurboTax you will select the following:

Federal
Income and Wages
Installment Sales Under Miscellaneous Income
Walk through and enter all of the information for the entire property
Enter the payments received in 2025 and enter the amount for interest received and hit continue.
TurboTax will do the calculations from there

If this is a finance and you are just receiving interest you will enter it by selecting the following:

Federal
Income
Interest and Dividends
Start next to interest on 1099-INT

topic Where do I enter 1098 interest income on a mortgage loan? in Deductions & credits

Where do I enter 1098 interest income on a mortgage loan?

Re: Where do I enter 1098 interest income on a mortgage loan?

Re: Where do I enter 1098 interest income on a mortgage loan?