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Investors & landlords
Thank you for the quick reply. I discovered I had selected the wrong option for the points on the personal mortgage interest page. Properly selecting "refinance" instead of "purchase" changed the amount to what I expected for Schedule 1 Line 8c (personal itemized deductions).
In the rental loan section, I did what you said and added an amortized intangible asset. It took me a minute to figure out that the amortized loan points/fees gets added to Schedule E Line 19. It looks correct now. Thank you!
March 14, 2021
5:56 PM