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Level 2
March 10, 2022
Question

New client - entering mortgage points carry forward

  • March 10, 2022
  • 1 reply
  • 12 views

I have a new client that has mortgage points from 2015 on her 2020 return.  There is form 4562 showing $23. Included are two forms: Depreciation Detail Listing and Next Year Depreciation worksheet.  Where do I enter this information into the 2021 return so it carry forward. 

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1 reply

Just-Lisa-Now-
Intuit Community Champion
March 10, 2022
personal residence or rental property?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Stacy A4Author
Level 2
March 10, 2022

personal

Just-Lisa-Now-
Intuit Community Champion
March 10, 2022

Schedule A has a entry table for points.  Enter there with the original info and it should pick up the remaining amortization going forward.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪