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myriam763
Returning Member

Can I deduct interest paid to clean Property Assessed Clean Energy Programs through SCEIP ? if so, How?

on my property tax bill every year I pay interests for Energy efficiency program. in turbo tax where do I deduct that interest?

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3 Replies

Can I deduct interest paid to clean Property Assessed Clean Energy Programs through SCEIP ? if so, How?

IRS says PACE interest falls under mortgage deductibility guidelines

See http://pacenation.us/irs-says-pace-interest-falls-mortgage-deductibility-guidelines/

To enter mortgage interest:

  • Type in mortgage interest in the search box, top right of your screen, hit Enter key

  • Click jump to mortgage interest in the search results

  • Follow the prompts and online instructions


therobles
New Member

Can I deduct interest paid to clean Property Assessed Clean Energy Programs through SCEIP ? if so, How?

how do you add the PACE interest into turbotax when you are not reciving a 1098?  
salgiusto
New Member

Can I deduct interest paid to clean Property Assessed Clean Energy Programs through SCEIP ? if so, How?

You do not receive the PACE Interest on a From 1098.  The Mortgage Interest Deduction section of TurboTax requires a Form 1098.  Where in TurboTax do you enter PACE Interest?

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