To enter the information in your TaxAct return when another individual (other than your spouse if filing a joint return) received a Form 1098, Mortgage Interest Statement, for interest you also were liable for, follow the steps below.
Online
Dashboard
From within your TaxAct return, click Deductions & Credits.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Your Home drop-down.
Click Add beside Mortgage Interest & Refinancing.
Continue with the interview process until you reach the screen Your Form 1098 mortgage interest summary, click Continue.
Proceed until you get to the screen Additional mortgage interest information, click Yes.
Continue until you get to the screen More than one person paid interest. Enter the other borrowers' information, then click Continue.
Classic
From within your TaxAct return, click Federal.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Itemized or Standard Deductions drop-down, then click Interest expenses.
Continue with the interview process until you reach the screen Your Form 1098 mortgage interest summary, click Continue.
Proceed until you get to the screen Additional mortgage interest information, click Yes.
Continue until you get to the screen More than one person paid interest. Enter the other borrowers' information, then click Continue.
Desktop
From within your TaxAct return, click Federal.
Click the Itemized or Standard Deductions drop-down, then click Interest expenses.
Continue with the interview process until you reach the screen Your Form 1098 mortgage interest summary, click Continue.
Proceed until you get to the screen Additional mortgage interest information, click Yes.
Continue until you get to the screen More than one person paid interest. Enter the other borrowers' information, then click Continue.
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