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Deductions & credits
The IRS instructions for line 17 on Form 8829 state:
Line 17 Taxpayers claiming the standard deduction. If you are claiming the standard deduction, enter all the real estate taxes paid on the home in which you conducted business in column (b) of line 17.
So in your example, you would enter $15k for the excess real estate taxes.
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‎April 9, 2024
9:51 AM