390406
You'll need to sign in or create an account to connect with an expert.
I agree the software should do that automatically.
May I add another comment.
In the easy entry mode, I should be prompted to enter the 1098, and all other received forms as a beginning to preparing taxes. This can happen in multiple places. Each place that allows me to add a 1098 or seeks to collect data related to a property, mortgage interest, property tax, or operating expense allows me to select or add new, thus always pointing to one THING associated with each unique physical property.
I am in the same boat as the OP for 2022 taxes. How do I know if turbotax is splitting the mortgage interest between Schedule A and Schedule E?
1. For the personal deduction I put in the full amounts given on the 1098 etc
2. For the rental section I manually calculated the amounts associated with rental use.
Am I supposed to go back to the data I entered in step 1 above and deduct the amount I entered for rental use to avoid double dipping or does turbo tax automatically do this?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jwicklin
New Member
djpmarconi
Level 1
HNKDZ
Returning Member
kac42
Level 1
binarysolo358
New Member