I had a home improvement and it was done with a loan.. Can I write off the interest from that from last year? The original loan was done in 2015 I believe.

athomas-tni · ‎June 3, 2019

PatriciaV · ‎June 3, 2019

Yes, if the home improvement loan was secured by your main residence, you may report the interest on the loan under Deductions & Credits >> Your Home >> Mortgage Interest. Enter the amount of interest you paid under "Other Property."

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PatriciaV · ‎June 3, 2019

Yes, if the home improvement loan was secured by your main residence, you may report the interest on the loan under Deductions & Credits >> Your Home >> Mortgage Interest. Enter the amount of interest you paid under "Other Property."

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I had a home improvement and it was done with a loan.. Can I write off the interest from that from last year? The original loan was done in 2015 I believe.