Yes. it does make sense on a calculator.. Thank You for breaking it up for both property tax and mortgage interest.
Based on that my next question is, how do we enter on each form? B'cos I have received 1 Mortgage interest statement (1098) and 1 property tax statement?
And I get confused about where Turbo tax software does auto calculation based on the square footage provided for each business (rental and daycare). But in the end in Personal deduction section, for some reason (or mistake), it DOUBLES the amount of Mortgage interest and property tax under PERSONAL > Deduction & Credits >
Mortgage Interest, points: 54000
Property Taxes: 36000
How do I correct my mistake and provide the right amount of both Property Tax and Mortgage interest for each form?
Appreciate if your reply..
Thank You
