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Deductions & credits
Thanks @ColeenD3! When I input that we both own 50%, if I choose to input Total Amounts and have Turbotax half everything, it improperly halves my 1099-MISC (which was already halved by our property management company) and Turbotax won't let me override that amount. So, I need to select to input 50% of the totals, which is fine. However, as we just inherited this condo, Turbotax asks depreciation questions - fair market value, land value, improvement value. Since I'm entering 50% amounts for everything, do I also halve these numbers? Thank you - I greatly appreciate any help you can provide.
‎February 16, 2020
3:58 PM