Carl
Level 15

Investors & landlords

On the last screen where it asks:

Percentage of time I used this item in this business (e.g.;80%)

The question is wrong for *your* specific situation. The question should be:
Percentage of floor space used in this business

So change your entry in that box so it shows the percentage of floos space rented, and the depreciation figures will be correct then.

The program already knows the percentage of time, based on the date you told the program you placed it in service, on an earlier screen. But for this specific calculation, the program does not know the percentage of floor space. Yes, you entered that in an earlier screen. But the program used that entry for the sole purpose of figuring the amount of mortgage interest you could claim on the SCH E, and that was it.