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Problem with Real Estate Taxes
Hoping someone can help.
I entered real estate taxes for my home in the Home Office section (total $8000). In the home office section, it allocates part of that to the home office (e.g. $600 of the $8000). When I then move on to the personal income section and look at property tax deduction, it shows -$600 (negative $600). Where is the rest (e.g the $7400)? It does not show up in the real estate taxes paid in the personal section.
Also, how do I know if these real estate taxes are "excess" or not when I'm entering the home office part as it comes before the personal section.
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‎April 12, 2020
11:32 AM