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M
MLPF
Level 2
January 12, 2019

How do I designate Interest on Schedule A that is home equity interest not deductible for 2018 so that it is reflected in the "Tax Reform Impact Summary"?

  • January 12, 2019
  • 1 reply
  • 23 views
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1 reply

George4Tacks
George4Tacks
Level 15
January 12, 2019

Wait for the 2018 tax software to come out. OR use Ctrl + E to make some comments in the input for 2017 interest paid "Cool for 2018" and "Not cool for 2018" and appropriate amounts. Please feel free to select your own text to use. Your clients will not see my descriptions, but they will see yours. 

Answers are easy. Questions are hard!
M
MLPFAuthor
Level 2
January 12, 2019
I'm sorry I did not make myself clear.  I would like the "Tax reform impact summary" reflect losing HEQ Loan interest deduction.
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