Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 2:55:24 AM

Where do I report the interest I paid on a HELOC to get the tax break do I add it in the same area as where I put my Mortgage Interest

0 1 640
1 Replies
Level 7
Jun 6, 2019 2:55:25 AM

Yes, enter interest paid on your HELOC in the below area:

To enter mortgage interest

  • Click on Federal Taxes (Personal using Home and Business)
  • 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