How to calculate limit on Mortgage interest on Sch A (1,000,000), when it is also used on F.8829 for Sch C?
I think I first should enter the total mortgage interest on on the home office screen (under Indirect Expenses, Mortgage interest, without any adjustments), and then go to the Sch A screen and enter the info on the Interest - Excess Mortgage Interest -screen. On this screen I should choose Form 2 -Business Use of Home.
Any input is appreciated
