Cynthiad66
Expert Alumni

Deductions & credits

No.  Your combined deduction between Schedule A and Schedule E should always total the amount reported  on form 1098E.  If the amount on schedule E is being reported accurately you may have to manually enter the correct amount on the itemized deductions.

 

Also, you should enter the mortgage interest on schedule E for rental first because it usually automatically carries the unused portion to your itemized deductions.  You would not need to enter the amount on Schedule A manually.

 

But before you do that, please clear your cookies, history and cache' then reboot the computer.  Your computer may be caught in a loop.

@Anonymous

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