Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

rgnkenpo · ‎June 1, 2019

rgnkenpo · ‎June 1, 2019

Mortgage amount is $336,064.

Zbucklyo · ‎June 1, 2019

Do you have a home office?

rgnkenpo · ‎June 1, 2019

This is the right answer. My wife has a home office for her business. Thank you very much. Great catch.

pk · ‎June 1, 2019

Note your interest payment allowed for deduction on schedule -A is limited to that on only up to $750,000 principal. So TurboTax should have asked you for the 01/01/2018 and 12/31/2018 principal balance to compute and average principal balance and allow only interest on that. Was your principal due more than $750,000 for 2018 ?

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Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

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Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

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Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

Home Int Wkst shows correct interest paid $14,168. Schedule A shows lower amount (12,691). How do I correct Schedule A to show correct interest paid? Mortgage $336,064

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