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April 2, 2025
Question

Foreign property mortgage, where this info should be included?

  • April 2, 2025
  • 1 reply
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    April 2, 2025

    You can deduct mortgage interest for a foreign property just like for a domestic property. In TurboTax, go to:

     

    1. Open or continue your return.
    2. Go to the magnifying glass on the top right and S=search for 1098, select the Jump to link, and select Add/edit Form 1098.
    3. Answer Yes on the screen Did you pay any home loans in 2024?
    4. This will assume that you have a 1098.  if you don't have one, it's ok. You can still enter information without it.
    5. TurboTax will guide you through the remainder.

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