Yes, by adding the personal portion of the mortgage interest and the rental portion it should equal the full 100 percent of the total mortgage interest paid in 2023.
Keep in mind that once it was converted to a rental property, from that day forward it is 100% rental activity. All expenses for repairs, cleaning, etc., after it was converted, to maintain the property, are deductible after the date placed in service, as long as it was available for rent. These should not be prorated.
This is what TurboTax understands and for this reason you need to prorate the expenses yourself this year (mortgage interest, real estate or school tax, insurance) to make all the entries on both the Schedule E and the Schedule A (itemized deductions).
This will allow TurboTax to utilize 100 percent of the expenses that were strictly for the rental activity after it was converted from personal use.
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