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Where do I deduct motor home interest?

 
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Coleen3
Intuit Alumni

Where do I deduct motor home interest?

A mobile home is consider like any other house for tax purposes.

You can deduct interest you pay on a loan secured by your main home (where you ordinarily live most of the time) and a second home. A second home can include any other residence you own and treat as a second home, and can be a mobile home, house trailer, recreational vehicle, or houseboat that has sleeping, cooking and toilet facilities. 

Follow the steps to enter the interest: (TurboTax will help you determine if you qualify and how much it you will benefit.)

•        Click on Federal Taxes (Personal if using Self-Employed)

•        Click on Deductions and Credits

•        Click on I'll choose what I work on (if shown)

•        Under Your Home

•        On Mortgage Interest, click on the start or update button

 

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