Is there any way to write off interest if 6mths of late mortgage payments for 2010 if credited in 11
If someone isn't current on mortgage payments, and makes a bulk payment (6 - 8 months of payments) at the end of year, which posts and credits in 2011, is there any way for taxpayers to write that interest off for 2010, rather than have double the interest write off in 2011.
If you paid deductible items in a year that your tax return has already been prepared you have to file an amended return. Form 1040X.
ace at macadvises.com
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