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- Can you deduct a % of mortgage interest for a home office if you do not itemize?
Can you deduct a % of mortgage interest for a home office if you do not itemize?
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LYNDAJZ6
Level 3
03-14-2022
04:38 AM
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2 Comments 2
dascpa
Level 11
03-14-2022
07:55 AM
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If self-employed yes. If a W-2 employee no. But watch the home office worksheet for the Sch C as where to input mortgage interest and real estate taxes are different. Time for some learning on your end.
LYNDAJZ6
Level 3
03-14-2022
08:26 AM
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I guess I should’ve been more specific .
From what I understand you deduct it on the “excess mortgage interest” line because the interest was not deducted in Schedule A then the program calculates the % based on the sq footage.
