Turbo Tax tells me that we can only use 2 mortgages for deductions. We have 4.
Can we do it to get more back? If so how can we do it without putting all the info in Turbo Tax again?
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That strategy is specifically disallowed in publication 936.
Separate returns.
If you're married filing separately and you and your spouse own more than one home, you can each take into account only one home as a qualified home. However, if you both consent in writing, then one spouse can take both the main home and a second home into account.
That strategy is specifically disallowed in publication 936.
Separate returns.
If you're married filing separately and you and your spouse own more than one home, you can each take into account only one home as a qualified home. However, if you both consent in writing, then one spouse can take both the main home and a second home into account.
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