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Seller financed mortgage interest

last year my tax return said this had to be listed first; do I have to reenter all my data?
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1 Best answer

Accepted Solutions
JuanJ
New Member

Seller financed mortgage interest

To enter your seller-financed mortgage interest:

    Click Federal Taxes tab > Wages & Income
    Scroll down to Interest & Dividends
    Click Start next to Interest from Seller-Financed Loans

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3 Replies
JuanJ
New Member

Seller financed mortgage interest

To enter your seller-financed mortgage interest:

    Click Federal Taxes tab > Wages & Income
    Scroll down to Interest & Dividends
    Click Start next to Interest from Seller-Financed Loans

dtanna1
Returning Member

Seller financed mortgage interest

Thanks! It worked. But there is $13234.00 amount showing on 1099-INT and I have'nt entered any numbers. Where should I look to find the entre(s)?

DaveF1006
Expert Alumni

Seller financed mortgage interest

it sounds like you may have entered mortgage interest as bank interest. You will need to delete the entry.

 

1) Sign into your account and  select Take me to my return

 

2.   From the top, select tab Federal > Wages and Income 

 

3.   Scroll down to  section Interest on 1099-INT and select edit next to the amount

 

4.   you will come to a screen that says Here's your 1099-INT info and an entry for $13234.

 

%) Select the trash icon to delete it or correct it if you did receive a 1099 INT.

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