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New Member
posted Apr 5, 2025 7:07:41 PM

How can I turn off the setting for TurboTax to automatically calculate my rental expenses based on percentage of days rented?

My home was rented for part of the year last year, and TurboTax is automatically calculating my expenses based on that percentage. This is causing the totals to be incorrect and I need to change it.

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1 Replies
Expert Alumni
Apr 13, 2025 7:27:00 AM

In some cases, TurboTax will make the calculations for you and allocate a portion of shared expenses to the rental property and to the homeowner deductions. In other situations, you must make the calculations yourself. This option depends on how the Property Profile was set up.

 

Return to your rental property and Edit (pencil icon) the rental property info. On the page "Let us calculate your expense deduction for you" you can choose to either allow TurboTax to make the calculations for you or to enter the split expenses yourself. This option appears only if you had zero Personal Use days.

 

If you choose to let TurboTax calculate the allocation, shared expenses will be pro-rated based on the number of rental days. Expenses that are specific to the rented portion of your home should be entered on the page titled "Any Miscellaneous Expenses?". Entries made on this page will not be allocated.