TaxGuyBill
Level 15
03-31-2020
12:20 PM
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It is automatic. You don't need to do anything.
If you are not itemizing, you need to put the mortgage interest and real estate taxes on Lines 16 and 17.
If you are itemizing, you enter the mortgage interest and real estate taxes on Lines 10 and 11, and then they ARE allowed to increase the loss on Schedule C.