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Home Office Excess Real Estate Taxes
This is very unclear to me. I'm not sure why TT cannot calculate this for me.
Some say I need to use some type of prorated excess others say just use your property taxes plus your state and local taxes and subtract 10,000 and then that is your excess. I'm not even sure where to find my state and local states in TT. I found something on schedule A but that was just what I paid. Is that for the calendar year 2023 and is that what I want?
Please advise as I am thoroughly confused on this.
Topics:
‎February 28, 2024
9:50 AM