50/50 owner occupied rental property. Should it be 50% of interest etc. entered on the 1098 (irrespective of amounts) and the remaining 50% on the schedule E?
Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Yes, don't over think it.
Ive never used the 1098 worksheet, I just enter the proper amounts on the proper forms.
Thanks. So if 1098 amount is $100 for mortgage interest, you just put $50 on sched A and $50 on sched E?
Yes, don't over think it.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.