- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
This is how you would report part of your home used as a rental, and choosing to enter your total expenses and having TurboTax compute the percentage allocated to rental expenses:
- After you enter the property address, under What Type of Rental is This? choose Single family (home or unit where a single family lives) if that's what it is.
- Under Do Any of These Situations Apply to This Property? check I rent out part of my home.
- Was This Property Rented for All of 2024? Yes
- During the time this was a rental, was it always rented at a fair rental price? Yes
- Do You Have an Office in Your Home? No (assuming that's true)
- Let Us Calculate Your Expense Deductions For You. Choose yes or no. See the screenshot.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 14, 2025
11:43 AM