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Get your taxes done using TurboTax
Thank you AnnetteB6 for the reply. I understand what TT is doing when it presents these entries to me again this year (after importing them from last year's return). Using your BOA example. Say I have BOA personal account for which I earned $2,000 of interest in 2022. This hypothetical account has nothing to do with any income or expenses I have associated with the rental of my condo (assume that I have a separate bank account that I use for condo related deposits and expenses).
When TT Home and Business starts, it first walks you through your Business Activity. When you start the Business Activity, it presents info about (and asks if these activities still apply) my BOA personal bank account.
Again I understand that TT is trying to be helpful by presenting this into to me. But WHY is it presenting this info, about my personal BOA bank account, during the business section walk through? Can't/Doesn't the software differentiate between my business and personal tax lives? Because it does not appear to differentiate, it gives me the impression that it is counting my inputs in BOTH my business and personal inputs (i.e double counting). Maybe "it is what it is" is the real answer and I just have to accept that the software is not double counting my inputs as both business and personal.