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New Member
posted Apr 15, 2025 7:12:29 PM

How to deduct interest paid on loan on a primary property owned in foreign country

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1 Replies
Expert Alumni
Apr 16, 2025 7:49:11 AM

If this is your home, you would enter the interest paid as an itemized deduction (if you are itemizing and not taking the standard deduction) 

To do this you would select Deductions and Credit>>Your Home>>Mortgage Interest.  You will then select that you did not receive a 1098, but you will be able to enter your mortgage interest.