- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I have a very similar situation here and the software essentially allows me to deduct all of my interest from the 1098s, based on your direction. My concern is that the start value + end value of the two loans divided by 2 still exceed the $1M mark. So why doesn't the software reduce the total interest by the % difference here? Is it because construction loans are treaded differently within Publication 936 here?.
March 31, 2025
8:45 PM