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kenrpearson
New Member

Real estate taxes showing on Sched A is much higher than what I input. Why?

I put in a total of $26501 for 4 different properties I own. Schedule A shows $37835. I can not figure out why your software is increasing the deduction.

1 Reply
MichaelL1
Level 15

Real estate taxes showing on Sched A is much higher than what I input. Why?

Mortgage interest can be entered two place in TurboTax.  Once in the Interest Mortgage area and also under Real Estate taxes.

I would go back and EDIT the Mortgage interest area and remove the Real Estate taxes from there, and then go to Real estate taxes and make all are entered.

To do this:

Go to mortgage interest section first. 

  • Click on Federal Taxes 
  • Click on Deductions and Credits 
  • Click on I'll choose what I work on (if shown)
  • Under Your Home
  • On Mortgage Interest, click on the start or update button
  • Go through each lender and remove property taxes
  • Then go to Property taxes (which is next section) and make all are entered once.   You may have to total the 4 properties and make one entry.
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