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Home office deductions & mortgage interest on Sch A
I have my business home office expenses to deduct for 2020 taxes. I have listed mortgage interest & property taxes in Sch A. Does this mean, I can’t enter those to as home office? (10% business use)
if so, wouldn’t it make more tax advantage to enter all mortgage related items on business then Sch A?
also, mortgage payments are not deductible? Only interest is? I can’t use full payment I pay each month? (Interest + principle)
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August 25, 2021
9:08 PM