Answered: Is deduction of Office in Home use of r.e. taxes and mtg. interest allowed when taking the standard deduction?

hmosbergea · ‎12-07-2019

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?

Just-Lisa-Now- · ‎12-07-2019

You can still use Mort Int and RE Taxes on the 8829, even if you take the standard deduction on Sch A.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Just-Lisa-Now- · ‎12-07-2019

You can still use Mort Int and RE Taxes on the 8829, even if you take the standard deduction on Sch A.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Is deduction of Office in Home use of r.e. taxes and mtg. interest allowed when taking the standard deduction?

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