topic Re: Glitch - Schedule E in Get your taxes done using TurboTax

Glitch - Schedule E

lmapagu — Mon, 11 Apr 2022 20:24:33 GMT

For schedule E, when I entered mortgage INSURANCE, it goes to mortgage INTEREST. I think there's a glitch in the software.

Re: Glitch - Schedule E

jschrock — Mon, 11 Apr 2022 20:29:50 GMT

This may not apply...but thought I'd remark in case this would help:

Mortgage insurance premiums paid during the year are reported on Form 1098. 13 You should receive this form from your lender after the close of the tax year. You can find the amount you paid in premiums in Box 5. There's currently no limit on the amount of the deduction you can claim if you and your loan qualify.

Re: Glitch - Schedule E

lmapagu — Mon, 11 Apr 2022 20:34:43 GMT

Yes, I did this. Thanks though. I'm working on Schedule E for my rental property and the software has a glitch.