turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Rental property

I have a primary house which I live there 5 months and rent 7 months. When I use turbo tax, it is only applied schedule E, not schedule A. Therefore, all deductions are only applied on schedule E. Should I amend it?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
RobertB4444
Employee Tax Expert

Rental property

If you use it for personal use then five twelfths of the property taxes and mortgage interest should have been on schedule A.  So if the correct amount of property tax and interest is on schedule E (7/12) and the remaining amount of taxes and interest are not enough for you to itemize deductions then you do not need to amend.  

 

However, if the correct amount is not on schedule E then you should amend it in order to get the schedule E deductions to be right.

 

@Sangd 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question