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Investors & landlords
I understand that Turbo Tax does not determine the % amount of ownership for rental depreciation and lists only 100% of the amount. Does this mean that I have to override the amount that Turbo Tax puts on Schedule E? If so, does that mean that everybody who co-owns rental property can not file? It’s saying that, since I overrode a figure I must paper file.
April 14, 2022
4:59 PM