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Level 2
posted Feb 7, 2024 11:20:01 AM

RV Loan Interest - Where to enter for Web Version

I know I meet the IRS requirements for second home with my RV, however the Web version of Turbo Tax is not as friendly as the desktop Application version for entering this information - as I don't see a way of switching to "Form Mode" and following the following:

 

type mortgage into the search bar 

then click on the Home mortgage worksheet and proceed to enter the data

or in step mode

under deduction and credits tab 

click on i'll choose what to work on

the first thing should be your home and under that mortgage interest 

clcik on start or update. 

0 3 662
1 Best answer
Expert Alumni
Feb 7, 2024 11:37:13 AM

Yes, just enter the same information that you normally type on the desktop forms.   You don't need a 1098.   

3 Replies
Expert Alumni
Feb 7, 2024 11:28:55 AM

To enter your mortgage interest in TurboTax Online, follow the instructions here.   It is a little different in the desktop version:)  

 

  1. Open or continue your return in TurboTax.
  2. Select Search, enter 1098, and select Jump to 1098. If that doesn't work:
    • Select either Tax Home or Federal, then Deductions & Credits.
    • Under Your Home (you may have to select See all tax breaks to find it), select Start or Revisit next to Mortgage Interest and Refinancing (Form 1098).
  3. Answer Yes on the screen Did you pay any home loans in 2023?
  4. On the Let's import your tax info screen, enter the name of your lender to see if you can import your 1098.
    • If you can't or don't want to import, select Change how I enter my form to upload, take a picture of, or manually enter your 1098.
  5. Continue through the screens until your 1098 is added.

Mortgage FAQs

 

RV as a second home

Level 2
Feb 7, 2024 11:35:21 AM

My apologies, but I don't have a 1098 for my RV loan interest and I am using the Web version of Turbo Tax.  It doesn't give me a field as the Desktop application has done in the past to enter it.  Do I just enter it as if it was a 1098 form - That doesn't seem like the correct way.  Please advise to how to enter RV interest without a 1098 in the Turbo Tax Web version.

Expert Alumni
Feb 7, 2024 11:37:13 AM

Yes, just enter the same information that you normally type on the desktop forms.   You don't need a 1098.