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Investors & landlords
Thank you so much for explaining. Not sure why the original 2018 refi automatically entered the remaining amortization in 'misc' and the 2020 February refi didn't yet I manually added it.
Question: adding the remaining amortization lowered my Federal Taxes, yet it also lowered my California refund to zero, so it RAISED my California Taxes. Wouldn't this lower them as well? Or is there something I must manually adjust in the State Taxes as well?
March 28, 2021
7:29 AM