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New Member
posted Jun 6, 2019 5:50:52 AM

I entered $753 expenses for my rental space but only $251 showing on summary. Why the big difference?

the expenses are for utilities, supplies, tax filing, insurance, real estate tax, mortgage interest

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1 Best answer
Level 9
Jun 6, 2019 5:50:52 AM

If you did not rent the entire property or for the entire year, Turbo Tax will prorate the deductions accordingly.

1 Replies
Level 9
Jun 6, 2019 5:50:52 AM

If you did not rent the entire property or for the entire year, Turbo Tax will prorate the deductions accordingly.