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Level 2
February 16, 2023

1098 Mortgage Interest Form in Proseries

  • February 16, 2023
  • 1 reply
  • 7 views

When adding 1098 Mortgage Interest in ProSeries, which option should I select for Mortgage Use. This is clients main home but does rent also as its a multifamily property.

Appreciate your help 🙂 

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    1 reply

    Level 15
    February 16, 2023

    I've never entered a 1098 into ProSeries.  I would just do the math and enter the personal interest in the appropriate spot on Schedule A and the rental interest on the appropriate spot in Schedule E.