Yes, mortgage interest on a second home is deductible for tax year 2016. The mortgage interest is entered in the same section as your primary home mortgage interest. See the steps below. If you already have mortgage interest entered for your primary home (form 1098), then you would just "add a vendor" on the Home Loan Deduction Summary Screen. See sample screenshot attached.
- Select Deductions and Credits tab at top of screen and then I'll choose what I want to work on, if asked
- Under Your Home, select the Mortgage Interest, Refinancing and Insurance option