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How di report interest income on 2 private mortgages I hold?

These are held for relatives.
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1 Reply
MayaD
Expert Alumni

How di report interest income on 2 private mortgages I hold?

Report it as Interest from Seller-Financed Loans in the Interest and Dividends section.

 

  1. Open your return
  2. Go to Federal 
  3. Go to Income and Expenses.
  4. Scroll down to Interest and Dividends/Investments and Savings in TurboTax Online
  5. Go to Interest from Seller-Financed Loans
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