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Is the Business use of home property tax expense amount included in the 10K limitation, or in addition?

kohkoh
Level 2
If I enter the entire 16K of property tax on business use of home indirect expenses it carries 12K forward. But this exceeds the limit. Maybe better to enter as a direct expense. But is the 4K for the office portion of the home included in the total or above it? Seems like it should be included, but the IRS could not answer this question and I want to be sure it's right.
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Accepted Solutions
George4Tacks
Level 15

See the worksheet for line 7 https://www.irs.gov/publications/p587#en_US_2018_publink10003626

 


Here's wishing you many Happy Returns

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2 Comments 2
George4Tacks
Level 15

See the worksheet for line 7 https://www.irs.gov/publications/p587#en_US_2018_publink10003626

 


Here's wishing you many Happy Returns
kohkoh
Level 2

Thanks for the info! didn't really answer the question, but I guess the answer is obvious once you think it through.  Have a good day!

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