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majsimms
New Member

Rental Property 1098s

In the deductions & credits portion of the Turbo Tax program - it is asking for 1098 info.  It seems to be double counting the mortgage interest paid?

The mortgage interest was entered when completing the Schedule E portion for the Rentals.  

Should I be omitting the Rental 1098 Mortgage Interest info in the Deductions section?
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1 Reply
AnnetteB
Intuit Alumni

Rental Property 1098s

Yes, you should omit it from the Deductions and Credits section.

If you already entered the information about your rental property mortgage interest in the Rental Income and Expenses section, then there should have been a box that you could check stating that any personal portion of that interest would automatically go to the Schedule A without needing to be entered again.  While you are going through the Schedule A section of mortgage interest, you should see a message on the screen regarding interest that was already entered in Schedule E.  Therefore, you do not need to enter it again. 

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