SBA disaster loans must be repaid. It will be posted under:
- Deductions & Credits
- I'll choose what I work on
- Under Your Home
- Select Mortgage Interest, Refinancing, ...
- Yes you paid a home loan
- Enter your lender "FEMA"
- Enter info on mortgage ownership
- Enter your mortgage interest, Balance due and origination date
- Probably no points
- Yes, Loan is secured by the property
- No, not original loan
- A home Equity line of credit
- Yes I only used the loan on the home I took it out on
This will complete the posting of the interest. Gather any supporting data you have to substantiate the interest paid.
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