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Re: Tax question - mortgage interest
Posted by James Powell of MI on 3/30/22 8:52am Msg #639168
This does not appear to be correct, unless TaxAct is somehow claiming your entire residence as a business.

I always go to the official rules if I have a question on taxes.

Publication 936 (2021), Home Mortgage Interest Deduction (

Publication 587 (2021), Business Use of Your Home (
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Messages in this Thread
 Tax question - mortgage interest - Roadie_MD on 3/29/22 1:33pm
 Re: Tax question - mortgage interest - Clem/CA on 3/29/22 1:52pm
 Re: Tax question - mortgage interest - Roadie_MD on 3/29/22 2:04pm
 If you don't claim a home office you can't claim interest as - sigtogo/OR on 3/29/22 9:59pm
 Re: If you don...that was my thinking - Linda_H/FL on 3/31/22 8:48am
 Yes, it would be a % for portion used as home office. n/m -  MW/VA on 3/29/22 3:52pm
 Re: Tax question - mortgage interest -  JanetK_CA on 3/29/22 4:15pm
 for those who itemize - Clem/CA on 3/29/22 4:26pm
 They increased the personal exemption, so many don't -  MW/VA on 3/29/22 7:50pm
 NSA income reported on Schedule C, standard deduct for 1040 - sigtogo/OR on 3/29/22 10:17pm
 Re: Tax question - mortgage interest - Carolyn Bodley on 3/29/22 8:24pm
 Re: Oops - our house, not her house n/m - Carolyn Bodley on 3/29/22 8:26pm
 Re: Tax question - mortgage interest..I have also heard - Linda_H/FL on 3/29/22 10:18pm
 I claimed home office mtg exp for years, never a problem - sigtogo/OR on 3/29/22 10:38pm
 Re: Tax question - mortgage interest - James Powell on 3/30/22 8:52am

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