Where do I enter home equity line interest deduction?

[MichaelL1]

It goes in the same area as a Home Mortgage 

Mortgage

To enter mortgage interest

• Click on Federal Taxes
• 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

[shopinsusan]

Do I add my regular mortgage interest and heloc interest together? If I do this I will have a different amount from my 1098. My 1098 only shows interest for the first mortgage.

[MichaelL1]

What you should do is first enter one of them and go through the screens and then it will say, "Add a lender" and enter the 2nd one, if the same bank just type in something like Wells Fargo-HELCO for the home equity.  This also helps next year in reminding you that there are two loans and not to overlook one of them.

[MichaelL1]

Post additional comment if still have questions.  Thank you

[shopinsusan]

Thank you