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Level 2
April 4, 2021
Question

Excess Mortgage - Married Filing Separately

  • April 4, 2021
  • 1 reply
  • 4 views

The excess mortgage worksheet does not enter the lower qualified loan limits when a return is marked Married Filing Separately. 

This causes an incorrect MFS/MFJ analysis result. But more importantly the mortgage interest deduction on SHC A of the MFS returns are incorrect by allowing a MFS return to deduct using MFJ loan limits.  

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1 reply

Level 2
April 4, 2021

RESOLVED

sjrcpa
Level 15
April 4, 2021

How?

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