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Real estate property
On the Wages & Income page I input the information for a couple rental properties that I have; including all expenses, taxes, insurance and other expenses that were paid and the program gave me a total income number. Now when I move to Deduction & Credits section do I need to input all mortgage info and property tax info again or has the program already taken into account those expenses?
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June 5, 2019
3:01 PM
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Deductions & credits
If you have deducted mortgage interest and property taxes on your rental properties as rental expenses, you do not enter them again in the Deductions & Credits section.
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June 5, 2019
3:01 PM