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I just completed the mortgage tax break using form 1098, but I entered some of this information earlier when describing my rental property (same property). Am I making an error by entering this information twice?

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TomD8
Level 15

I just completed the mortgage tax break using form 1098, but I entered some of this information earlier when describing my rental property (same property). Am I making an error by entering this information twice?

Yes.  Mortgage interest and property taxes on a rental property go to Schedule E and must be entered as Rental Expenses, not to Schedule A as itemized deductions.  And they are only entered once.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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1 Reply
TomD8
Level 15

I just completed the mortgage tax break using form 1098, but I entered some of this information earlier when describing my rental property (same property). Am I making an error by entering this information twice?

Yes.  Mortgage interest and property taxes on a rental property go to Schedule E and must be entered as Rental Expenses, not to Schedule A as itemized deductions.  And they are only entered once.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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