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.
01231
1 Best answer
PatriciaV
Expert Alumni
Jun 3, 2019 11:20:35 AM
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."
1 Replies
PatriciaV
Expert Alumni
Jun 3, 2019 11:20:35 AM
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."