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Barbarus
New Member

I provided a private mortgage to my parent and collected mortgage interest. How do I enter this as income in TT?

 
1 Best answer

Accepted Solutions
Marketstar
Level 7

I provided a private mortgage to my parent and collected mortgage interest. How do I enter this as income in TT?

To enter mortgage interest income:

  • Type in 1099-int the search box, top right of your screen, then click the magnifying glass
  • Click the jump to 1099-int link in the search results
  • Follow to prompts and online instructions

Arrive at the Let's get your 1099-INT or brokerage statement details page

Type in the source of your income in the Received from field

Enter the interest income in Box #1 Interest income field


View solution in original post

1 Reply
Marketstar
Level 7

I provided a private mortgage to my parent and collected mortgage interest. How do I enter this as income in TT?

To enter mortgage interest income:

  • Type in 1099-int the search box, top right of your screen, then click the magnifying glass
  • Click the jump to 1099-int link in the search results
  • Follow to prompts and online instructions

Arrive at the Let's get your 1099-INT or brokerage statement details page

Type in the source of your income in the Received from field

Enter the interest income in Box #1 Interest income field


View solution in original post

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