Thanks for your response ... but ... Hmmm 😊, I asked the same question in REDDIT r/tax and the answer I received was Yes. You're right that in the case of a "Y...
For me, the benefit of deducting $59 interest is negligible and hence not worth much additional effort.Considering the complexity of the Publication 936 specifi...
I tried the technique you suggested, including starting from scratch and freshly entering the 1098 data. $59 was still carried over to Schedule A.In your test c...
I disagree.In simple cases like mine the best workaround is to simply not enter this 1098 information at all. In a more complex HELOC situation where there's ac...
