My boyfriend & I own a rental property jointly. We file separate returns. I calculated rental income/expenses/depreciation at 50% for each of us. Why doesn't schedule E worksheet reflect joint ownership and 50% ownership?

[NancyG]

If you split the expenses before entering them, the program will only show the amounts you entered.

If you would like to show 100% and then the 50% split, TurboTax can split the income and expenses for you. 

As you go through the rental property step-by-step interview, it will ask you about your ownership; 100% or less than 100%. You will select "less than 100%" and follow the prompts.

You can find the option to enter your rental income and expenses under the Rental Properties and Royalties section of the Wages and Income tab. 

The interview will ask if you want to calculate the split income and expenses, or if you would like TurboTax to do it. 

If you choose TurboTax, it will ask you to define your ownership percentage and then you will enter 100% amounts of your income and expenses.  

If you choose to do it yourself, you will need to be sure to make your calculations prior to entering them into TurboTax.