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Split mortgage interest deductions between business and personal
I run a home daycare and can therefore claim a portion of the mortgage interest & property taxes as a home business expense. When entering these numbers into TurboTax, do I need to do the math and split these amounts? Or will TurboTax do this for me if I enter the full amounts under both my business and personal deductions. To my understanding the business and personal portions must add up to 100%, how can I see the way that TurboTax is splitting these amounts to make sure I am not claiming these twice?
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‎June 5, 2019
10:17 PM