How do I change the "Percentage of Rental Use" in the "Owner-Occupied Rentals" section of Schedule E?

mamaleung1 · ‎March 11, 2023

I made a mistake in the allocation amount and I can't go back to fix it. This is messing up all my rental deductions.

KrisD15 · ‎March 11, 2023

Under Wages & Income update Rental Properties and Royalties

Yes to the review

Continue to the "Rental and Royalty Summary" screen

Select EDIT

Select UPDATE for "Property Profile"

Continue to "Do Any of These Situations Apply to This Property?" screen

Select "I Rented out part of my home"

Continue to "Let Us Calculate Your Expense Deductions for You" and select Yes, I will enter the total amounts and let TurboTax do the math"

Enter the Rental Use Percentage

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