You'll need to sign in or create an account to connect with an expert.
A quit claim deed is not a tax document. It shows ownership of property. It would not be entered on your tax return. Can you clarify why you are wanting to enter it on your tax return?
I make payments each month, and interest was about $1600 for the year 2020.
Contract for deed is probably the correct term.
if you don't get a 1098,
enter your interest paid under "interest not reported on a 1098"
Schedule A line 8b
click on "The seller is financing this loan and I didn't receive a 1098."
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
nooralkhawaja
New Member
tklein1668
New Member
ilove6220
New Member
Think57
Level 3
simon9007-yahoo-
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.