Investors & landlords

Hello,

I am having the same issue!  Converted my primary residence to a rental property on July 8 2022.  My cost basis is 211,000, so therefore straight line depreciation over 27.5 years would be $7672.

Using the IRS Publication 946 Table A-6 Mid-Month convention below, I should depreciate 1.667% for the first year since my property went into service in July.  This would equal $3517.  However, TurboTax is calculating only $1709.  They've cut my depreciation in half a second time!  This makes no sense.

Any help?  Am I misunderstanding something, or how do I get this corrected in the system?