Financing in 11218>Question Details

Irig01, Home Owner in 11415

Where do I put my coop amortization tax deduction from form 1098 in my tax return?

Asked by Irig01, 11415 Sun Mar 6, 2011

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Dear Irig01:

As previously answered you do need to speak to your accountant, but the one thing I will tell you is that if you are taking the "standard deduction" you will not be able to claim that write off, you have to be itemizing!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes Thank Flag Link Sun Mar 6, 2011
I'm in total agreement with Anna on any tax related questions. Good luck.
0 votes Thank Flag Link Sun Mar 6, 2011
Ann is 100% correct you should ask your accountant.
0 votes Thank Flag Link Sun Mar 6, 2011
When it comes to any tax related questions, it's in your best interest to consult with a tax professional...
0 votes Thank Flag Link Sun Mar 6, 2011
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