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June 6, 2019
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Should I report Mortgage interest and property taxes in the personal section if I already did in the rental income section? Our family rents 50% of our house.

  • June 6, 2019
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Best answer by MinhT1

If you rent 50% of your home, you should claim only half of the mortgage interest and half of of the property taxes as rental expenses in the rental section of TurboTax.

The other half is deducted in the Deductions & Credits section under Your Home.

1 reply

MinhT1Answer
June 6, 2019

If you rent 50% of your home, you should claim only half of the mortgage interest and half of of the property taxes as rental expenses in the rental section of TurboTax.

The other half is deducted in the Deductions & Credits section under Your Home.

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