@Carl
Property was converted as primary residence in April 2020. In 2022, property was converted back to a rental in May 2022 and back to a primary residence in Nov 2022.
I looked up the depreciation amounts that was reported in tax years 2015-2019 when it was 100% of the year used as rental, and input that amount in TurboTax where it asked for prior years depreciation.
In 2022,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% of the annual depreciation from the 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?
