Just wanted to correct the statement:
"Additionally, for depreciation TT assigned 100% as the “Percentage of Business Use” on line 6 of the Asset entry form."
TT did not assign this. It was actually an input required under "Tell us more about this rental Asset - Percentage of time I used this item for this business in 2021"
I think TT should consider clarifying the input to note it is requesting the percent of time the asset was used in the business during the time the asset was in-service. Otherwise, it would result in disproportionate depreciation allocations as noted above.
If TT reviews these comments, a response would be greatly appreciated and would help with the correct filing of returns.
