hmosbergea
Level 3
12-07-2019
09:02 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
My interpretation of F8829 instructions is that the prorated portion of excess r.e. taxes and excess mortgage interest is still deductible as long as the home office expenses don't exceed the business income. Is my interpretation correct?
Best Answer Click here
Labels
Level 15
12-07-2019
09:02 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You can still use Mort Int and RE Taxes on the 8829, even if you take the standard deduction on Sch A.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪