Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Fo4
New Member

I have a duplex that I live-in/rent. I put the total tax/interest from 1098 in Rental Income. TT calculates Sch E correctly but Sch A incorrectly. What's wrong?

Property Tax: $10,684 (33% rental)
Sch E. calc: $3,561 (correct)
Sch A. calc: $17,807 (incorrect)

On Sch A, TT seems to have added the correct Samount ($7,123) to the total property tax ($10,684).
1 Best answer

Accepted Solutions
KrisD
Intuit Alumni

I have a duplex that I live-in/rent. I put the total tax/interest from 1098 in Rental Income. TT calculates Sch E correctly but Sch A incorrectly. What's wrong?

The property tax and interest should only be entered once in the program. If you enter it in the rental section (Schedule E) do not enter it again on the 1098 screen in the Deductions & Credits section.

View solution in original post

1 Reply
KrisD
Intuit Alumni

I have a duplex that I live-in/rent. I put the total tax/interest from 1098 in Rental Income. TT calculates Sch E correctly but Sch A incorrectly. What's wrong?

The property tax and interest should only be entered once in the program. If you enter it in the rental section (Schedule E) do not enter it again on the 1098 screen in the Deductions & Credits section.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~