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April 8, 2024
Question

TurboTax Desktop for Mac: Where to enter in 1098 Mortgage Interest for Rental Property?

  • April 8, 2024
  • 2 replies
  • 0 views

I'm using TurboTax Desktop for Mac, and I don't see anywhere obvious in EasyStep Guide to enter my 1098 Mortgage Interest Deduction for a rental property. This is an existing rental property we've had for the past 9 years. 

 

Under "Property Profile" there is no mention of a Mortgage Interest Deduction section.

Under "Expenses", I see: Advertising, Management Fees, Travel, Repairs, Cleaning/Maint, Supplies, Commissions, Real Estate Taxes, Insurance, Other Taxes, Professional Fees, and Utilities. 

But no mention of Mortgage interest.

 

Is there no EasyStep guide for this? Or is the answer that I need to go to Schedule E in Forms mode and enter it manually there?

    2 replies

    April 8, 2024

    Ok never mind.

    Under "Rental Expenses" section, if you click "Walk Me Through Everything", it will eventually get you to a Mortgage Interest 1098 section.

     

    But if you click on "I'll Choose What to Work On", it's completely missing Mortgage Interest as a section. That's kind of dumb....

    DawnC
    April 8, 2024

    It is entered in the Rental Property expenses.   On the next screen, after those common expenses, you get a screen for mortgage interest.  

     

     

     

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