Abby Normal Posted April 12, 2018 Report Share Posted April 12, 2018 I like trusts anyway because you're getting all the deductions into AGI. Put the house in the trust and deduct the real estate taxes too. 2 Quote Link to comment Share on other sites More sharing options...
Roberts Posted April 12, 2018 Report Share Posted April 12, 2018 Did you put them in as 2% floor deductions? Previous preparer who I took over a bunch of returns for didn't, he put it under accountant fees. We had a big argument over that one. I've since had 3 different CPAs tell me they put it in under the accountant line. IRS instructions are pretty clear it's 2% floor. Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 12, 2018 Author Report Share Posted April 12, 2018 I enter them on the 1099DIV and ATX puts them on the 2% line... where they belong. 2 Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted April 12, 2018 Author Report Share Posted April 12, 2018 Maybe the 1041 won't allow 2% deductions next year, and my plan will fall to pieces. CPE gonna be intrestin' this summer! 4 Quote Link to comment Share on other sites More sharing options...
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