How do I report Seller-Financed Interest?

Seller-Financed Interest allows for the buyer of a home to finance the purchase through the homeowner (seller).  The buyer will then make payments directly to you (the seller) rather than to a bank unlike traditional mortgages.    

Where do I report Seller-Financed Interest in the program?

1. Select "Federal" from the left side menu
2. Select "Income" from the left side menu
3. Click select my forms and click "continue"
4. Select Begin on "1099-INT, DIV, OID
5. Click "Begin" on the first option, "Did you earn any interest or dividend income from a bank, brokerage firm or some other financial institution?"
6. Select the last option "Seller Financed Interest Income"

For more information about Seller-Financed Interest, please see the IRS publication here.