The interest paid on your HERO program is entered as additional mortgage interest:
1. Go to Federal.
2. Select Deductions and Credits.
3. Select Your Home.
4. The first choice in this section is Mortgage Interest, Refinancing and Interest (1098).
You will Add a Lender, enter the information regarding your HERO interest.
The interest paid on your HERO program is entered as additional mortgage interest:
1. Go to Federal.
2. Select Deductions and Credits.
3. Select Your Home.
4. The first choice in this section is Mortgage Interest, Refinancing and Interest (1098).
You will Add a Lender, enter the information regarding your HERO interest.
But this section of TurboTax assumes you have a 1098. You don't get 1098's from the HERO program. So how do you fill out the section? Just pretend you had a 1098 and fill in the relevant information in the relevant fields of the TurboTax page?
Hero interest is not reported on a 1098. The county is usually the lender. Don't you have to report the taxpayer id number and address of the lender for interest not reported on a 1098? How do you report this?
Did you ever get a solution to this problem?
Hero interest is not reported on a 1098. The county is usually the lender. Don't you have to report the taxpayer id number and address of the lender for interest not reported on a 1098? How do you report this?
Thanks,
Deb