You can't just take 50% of your coop fees and deduct them. You can deduct the part of your fees that went to deductible mortgage interest and taxes.
Is the 4.0202 figure for the mortgage interest a dollar per share figure?
If that's the case, then 4.0202 x 975 shares = $3919.70 , which would be the amount of the maintenance fee that represents the mortgage interest on the coop building's mortgage.
You would make the same calculation for real estate tax.
Enter your Mortgage interest in Federal Taxes >Deductions and Credits.
Scroll down to Your Home and choose
Mortgage Interest and Refinancing. You can enter this separately from any interest reported to you on a Form 1098 for your personal mortgage.
Real Estate Tax is also found under Your Home. Choose Property Taxes.
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