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Can mortgage insurance be deducted on home office and personal deduction?
When I entered the mortgage insurance in the Business Home Office Section, Turbo Tax stated that I could also enter it again in the Personal Home Deductions and Credits. Is this correct? I know I can't enter mortgage interest in both sections.
If mortgage insurance can be entered in both sections, do I add the name of the mortgage company in the Personal Home Section, and only put the mortgage insurance amount from line 5 from the 1098 mortgage form (leave the mortgage interest & property taxes blank)?
Thank you for your help.
If mortgage insurance can be entered in both sections, do I add the name of the mortgage company in the Personal Home Section, and only put the mortgage insurance amount from line 5 from the 1098 mortgage form (leave the mortgage interest & property taxes blank)?
Thank you for your help.
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‎June 6, 2019
6:43 AM