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February 18, 2025
Question

How to we report the interest payments on our seller financed mortgage? We did not use a loan processor and there was no existing mortgage on the house.

  • February 18, 2025
  • 1 reply
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Home was owned outright, and was sold privately and we hold the mortgage.

    1 reply

    February 18, 2025

    You would enter the mortgage interest income in the Wages and Income section, then Interest and Dividends, then Interest from Seller-Financed Loans

     

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