Hello, Tax experts. I need help with my Property tax under Rental Properties and Royalties (Sch E) and the Deductions & Credits section.
(Edited) I rented my whole house out started 1July last year (personal use 1Jan-20Jun). I entered my rental income under Wages&Income --> Rental Properties and Royalties (Sch E). I also entered 'Real estate taxes' $8,740 from 1098 as expenses. but 1. my property tax under expenses is only shown as $4,517 (See attachment 1), why is that? 2. When I moved to the Deductions & Credits section. My Property (Real Estate) Taxe is only shown as $4,223 instead of $8,740. it also said
We already deducted the personal portion of your property taxes from your rental property in the amount of $4223.00, so don't enter that amount here" (See attachment 2).
My question is why is only $4,517 or $4,223 instead of $8,740 on my 1098? Should I enter the difference to match with $8,740 or should I just leave it because now it's a rental property, not a primary home anymore?
Thank you in advance!
