@PaulaM - I, also, rent out a room in my home (my main residence) for part of the year (for the rest it stays empty). I saw your post on how to start to enter that through the "Do Any of These situations Apply to this Property" screen. I have three related questions, though:
1) Does Turbo Tax (2021 Home and Business Desktop edition) tell me later in the step-by-step if I can/should apportion a DEPRECIATION for my residence to this room in Schedule E line 18?
2) Does TT help me calculate the depreciable basis amount, create a Form 4562 and track the depreciation year on year? (I assume the pro-ration of the depreciation happens based on the % of total square footage of the residence).
3) Most importantly: Does TT SEPARATE the handling of the "room in residence" column in Schedule E to account for its "Non-Passive" character? -- I understand that rental of a room in your own residence falls under a "special provision" that makes income "non-passive" and disallows losses (they need to be carried forward) - IRC section 280A. Thus incomes or losses from this column of Schedule E should not be totaled with other as happens with 'normal rental income / losses that ARE passive.
