In the middle of 2020 I moved and started renting my old house. When I enter the property/mortgage tax into the itemized deduction section of TurboTax, it doesn’t make a difference because the standard deduction is still most helpful. Therefore it seems I should enter the property/mortgage tax as part of my rental property section of TurboTax. If I rented the property for only 6 months in 2020, so I only put in those 6 months of property/mortgage tax into the rental part of TurboTax? Or since I am not putting it into my home owner section of the itemized deductions, can I therefore deduct the whole year of property/mortgage tax into the rental section? Hope that makes sense, thanks for your help!
Submitted May 03, 2021 at 07:56PM by scubasteve2728 https://ift.tt/3xUuGbg
