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Deductions & credits
Thanks TurboTaxLeonard! I was working through it last night, and stumbled across the same thing, so I appreciate you confirming my guesses. 🙂
So, where the actual expense method gets confusing is I have to enter the same vehicle info three times (once for each of my rental properties). It feels like I should be able to enter the vehicle info once (since it's the same vehicle), and then attribute percentages to each rental property. Not sure if it's Turbo Tax making it work this way, or if that's how the federal forms are laid out.
Again, thank you!
So, where the actual expense method gets confusing is I have to enter the same vehicle info three times (once for each of my rental properties). It feels like I should be able to enter the vehicle info once (since it's the same vehicle), and then attribute percentages to each rental property. Not sure if it's Turbo Tax making it work this way, or if that's how the federal forms are laid out.
Again, thank you!
‎June 3, 2019
11:18 AM