Turbo Tax Question

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  • Unregistered

    Turbo Tax Question

    After entering all of the daycare expenses into the business section in TurboTax, while jumping to the personal section, do you enter everything again into the job related expense category? They ask for mortgage interest, property taxes, utilities, homeowners insurance, and repairs? I just didn't want to enter things twice if I wasn't supposed too. Thanks.
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    Turbo tax

    Originally posted by Unregistered
    After entering all of the daycare expenses into the business section in TurboTax, while jumping to the personal section, do you enter everything again into the job related expense category? They ask for mortgage interest, property taxes, utilities, homeowners insurance, and repairs? I just didn't want to enter things twice if I wasn't supposed too. Thanks.
    You should have to enter property tax, mortgage interest again in the personal section. That will be done by Turbo Tax based on your time space%. You can't deduct your homeowners insurance or repairs as a personal expense, so don't enter these again.
    http://www.tomcopelandblog.com

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