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Deductions & credits
It seems that there is a problem in TT calculations. My business income is $100 and according to TT my home office deduction is $200. Maybe I report my real estate tax in a wrong field. My real estate tax is ~$4,300, and I report it in the real estate tax field for each home office (I use one and my wife uses one). Should I report the real estate tax in the excess real estate tax field for each home office? I tried that, but then TT shows that my property tax is 2x$4,300 (it takes the the excess real estate tax I reported for each home office and adds these). Could you advise how to report this situation correctly in TT?
‎January 31, 2023
12:58 PM