- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to enter 50% of annual depreciation expense to Sch E
My partner and I have had two single family rentals for the past 12 years. We split expenses and revenue 50/50. Turbo computed the split and posted 50% of the expenses and revenues to Sch E for each of our returns. There was one exception, Depreciation was calculated by Turbo and posted to Sch E at 100 % for both my return and my partner's. I just noticed this now. Why didn't Turbo catch this? It did the calculations and knew the percentages didn't match.
May 17, 2020
5:11 PM