@PatriciaV
1. Yes I reported I converted home to a rental.
2. Yes, I reported it was not rented all year.
3. Yes, I entered full amount of my expenses in the rental part of "wages and income"
4. For the six months it was rented, it was used 100% rental business. It is using exactly 50% of my annual depreciation.
I rented the primary residence out for exactly 185 days and lived in it for 180 days which is what I input. It looks like TurboTax has applied 50% of my mortgage interest and 50% of my property taxes under "Deductions and Credits". However, it is not applying 50% of my maintenance, repairs, cleaning expenses to the rental deductions. Instead it is only deducting the 50%annual depreciation from rental income.
Under property profile of rental asset I clicked on "No, I have not always used this item 100% of the time for this business." and "I first used this item at least part of the time for this business, and also used it for personal purposes."
Date I started using it in this business: 10/01/2015
Percentage of time I used this item for this business in 2022 (e.g., 80%): 50
Is this not right?
