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?
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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.
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