Yes you can clear the Seller-Financed mortgage from your return
This will be a 2 step process
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
- Once you can work on Tax Tools
- On the drop-down select Tools
- There will be 3 or 4 green boxes
- Select Topics Search
- Type the form number or a topic.
- Seller Financed
- The record will pop up
- Select the trash can delete option
Repeat the same process
- Type the form number or a topic.
- Seller Financed
- A different screen will come up.
- Any Seller-Financed Loans?
- Answer NO on this screen.
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