rbynaker
Level 13
03-31-2020
10:34 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You can't rely on the software for this. If they did NOT itemize then ALL of the OIH expenses carry forward. If they did itemize then you get to deduct the OIH share of the mortgage but maybe not all of the taxes if they hit the SALT cap.
At least that's my understanding.