Where is in put screen in Lacerte for Screen 25 Individual module to show that 1/2 mortgage was for improvement and the other for non-home related things like cars?
Where is in put screen in Lacerte for Screen 25 Individual module to show that 1/2 mortgage was for improvement and the other for non-home related things like cars?
Taxpayer used 1/2 of refinanced mortgage in 2012 to buy a car and the other 1/2 to improve her residence. Where is in put screen in Lacerte for Screen 25 Individual module to show that 1/2 mortgage was for improvement and the other for non-home related things like cars so that only the interest on the balance used for home improvements is deductible?
YOU have compute, then enter on Screen 25, the amount that is deductible.
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