Where do i enter interest income from a private mortgage?

[waynegolla]

can i enter income from private mortgage interest received?

[ThomasM125]

You would enter your private mortgage interest income in the Federal section of TurboTax, then Interest and Dividends, then Interest from Seller-Financed Loans.

[albatross333]

I lent money to my daugher and her husband to purchase a house. I hold the mortgage drawn up by an attorney with an appropriate interest rate. Your answer referred to making an entry as the seller. I am not the seller, just the lender. I cannot seem to find out how to make that kind of interest income entry.

[VolvoGirl]

Just enter it like bank interest on a 1099INT.  You don't need to have a 1099 or bank name.  

If you received interest from someone either as mortgage interest or other interest, enter it like you had received a 1099-INT and put the amount in Box 1. Enter it under….
Federal Taxes Tab
Wages & Income
Interest and Dividends
Interest on 1099INT - Click the Start or Update button

Don't enter a bank or broker name and don't try to import it. At the bottom pick - Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

[albatross333]

Thank you VolvoGirl, much appreciated!

[annetaylor1123]

I've done this in the past, but for 2024, it is giving me an error and wants me to enter a TEIN.  How do i get around this?

[AmyC]

The IRS is matching who pays the interest and who claims the interest. You will need to enter the lender's information in order to e-file.

@annetaylor1123