Why is received interest payments from a seller financed mortgage checked after I entered interest received from a bank? Turbotax will not let me uncheck it.

[melanie62]

In the "other dividends and interest" section, the box that says i received the interest from a seller financed mortgage was checked automatically and I can't uncheck it. I need "none" to be checked.

[JohnB5677]

We can clear the seller finance entry by doing a Topic Search.

 Select Tax Tools

• This is on the left sidebar
• You may have to minimize the Federal and State options
• You also may have to scroll down on that menu

1. Once you can work on Tax Tools
2. On the drop-down select Tools
3. There will be 3 or 4 green boxes
4. Select Topics Search
5. Type seller
6. Seller Financed Interest will show
7. Click [Go]
8. Delete any seller records using the Garbage Can
9. Continue to the end

The Seller Financed Income is cleared.