May 20th, 2009 | 
Author: 
Dave C asked:
Here is my situation: real estate tax for home, $3000, doing tax return with taxcut
Here is my situation: real estate tax for home, $3000, doing tax return with taxcut
I entered real estate tax in Form 8829 for business use of my home, it deducts $300 in business expense for the 10% use of home business on Schedule C.
when I am upto the real estate tax in deductions, should I enter $2700 as my real estate tax?
I am confusing since I see this in taxcut:
What about real estate tax that I entered for my business?
If you already entered real estate taxes in the Your Own Business (Schedule C) topics, don’t enter those same taxes again here.
thanks any helps.
Curt Fondriest
Posted in 
Tags:
The square footage of your entire home it does the same for business depending on the part that is for you paid in turbo tax you the size of your.
If your software works properly what it should do is have 10% ($300) of your real estate taxes being reported as part of the Form 8829 figure, and the rest, 90% ($2,700) should be automatically carried over to the Schedule A. You can’t have more than the $3,000 in RE taxes you paid deducted on your taxes.