Is there any way to write off interest if 6mths of late mortgage payments for 20

  1. profile image47
    cscott2131posted 6 years ago

    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.

  2. Augustus McMillan profile image39
    Augustus McMillanposted 6 years ago

    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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    410-775-6226
    augustus

 
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