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owmorvan
New Member

Property Tax question on Mortgage loan and Equity loan entries

I've entered my primary mortgage 1098 including the property tax entry.  I also entered my equity loan 1098 form which also has a property tax paid fill in entry. My question is do I fill in the same property tax paid in both entries?  In the property tax summery line it shows double the amount i actually paid.  My mortgage entry I've flagged as a refinanced loan not as the first loan used to purchase the house.  Don't know if that makes a difference.  Anyway, I still, so far, only qualify for standard deduction so probably doesn't matter.

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1 Reply

Property Tax question on Mortgage loan and Equity loan entries

No itemized deductions, it is a moot question.

Otherwise don't deduct an interest payment twice. That's a no-no.

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