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

 
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1 Reply
Vanessa A
Employee Tax Expert

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

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. 

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