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What version of TurboTax do I need to include income from mortgage interest that other people pay to me? Premier does not seem to do that.

 
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1 Reply
rjs
Level 15
Level 15

What version of TurboTax do I need to include income from mortgage interest that other people pay to me? Premier does not seem to do that.

You can report the interest income in TurboTax Premier, but it's not clear why other people are paying mortgage interest to you. Is it a seller-financed loan (your were the seller)? Is it an installment sale? Are you in the business of making mortgage loans? The reporting requirements depend on the details, but it can be reported in Premier in any case.

 

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