This reply didn't answer the question, so I'm reiterating it. How do I manually enter depreciation for my rental property in Turbotax?
Turbotax insists on calculating your depreciation for you. That's very helpful if that's what one needs, but how does one replace the calculation with the correct number for one's cirumstances? In my case, I live in a triplex I own, and so I don't claim the entire depreciation for that building. I claim only 74% of it, as that's the percentage that is rented out. I've never found a way to change that number and so have just given up and let Turbotax calculate the incorrect numbers for my tax return. But I'm sick of giving up and really, really want to know how to correct Turbotax's assumptions.
Thanks for any insights!
Karin
