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New Member

Where do I claim mortgage interest

On the mortgage paid between my husband and I we have 7072.23 of interest paid during the period, where do I claim it ?

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New Member

Where do I claim mortgage interest

Mortgage interest is considered a personal expense and therefore is not deductible unless the property is used for earning rental income or business income.

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New Member

Where do I claim mortgage interest

Mortgage interest is considered a personal expense and therefore is not deductible unless the property is used for earning rental income or business income.

View solution in original post

New Member

Where do I claim mortgage interest

the question is WHERE?
New Member

Where do I claim mortgage interest

Is the property a rental or business?  This will determine WHERE the interest should be claimed