Where can I enter interest from a second mortgage ?

[ryanss5528]

HELOC interest?
where does it go?

[JulieS]

Yes, you enter home equity line of credit (HELOC) interest in the same section as home mortgage interest. There are special rules about deducting HELOC interest, and they are a part of that section. 

Here's how to enter your HELOC interest in TurboTax Online:

1. Sign in to your TurboTax account. 
2. Select Federal, then Deductions & Credits.
3. Scroll down to Mortgage Interest and Refinancing (Form 1098), select Edit.
4. Select Add another 1098-INT.
5. If you lender is an import partner, you can import your 1098-INT. Otherwise select Change how I enter my form at the bottom, then select one of the four options on the next screen.  If you don't have a 1098-INT form, select Type it in myself. 
6. Answer the next screens according to your situation.
7. When you get to Let’s get some details about this loan, select This loan is a home equity line of credit (HELOC), then select Continue.
8. Answer the last question, according to your situation. 

Whether your HELOC interest is deductible, depends on when the loan started, the total amount of your home debt, and what the proceeds were spent on. 

If you file a state tax return, your state may use different rules to deduct your interest, but TurboTax will carry your interest into you state return from this section.