tommyb129
Returning Member

Deductions & credits

Hi and thank you for your response,

I am not sure about schedule A vs schedule E since I am doing it all through turbotax. They have yet to ask me questions about the rental since I am on the Deductions portion of the program online. I was mostly inquiring about the maximum amount of the mortgage interest deduction available (whether their auto-calculated amount was correct of not because if I am able to deduct the full amount of mortgage interest it is the difference of a few thousand dollars in tax return vs paying).