Problem - When I enter rental expenses of $1000 my Federal tax goes UP by $18! This happens on properties showing a loss and showing a profit.

[richard_curley]

I have three properties.  Two with a net loss and one with a net profit.   When I add $1,000 in expenses to any of the properties my tax due goes up by $22 - this also affects my State taxes.

[richard_curley]

When i subtract 1,000 in expenses the amount of tax owed goes down  by $48.   If I add $2,000 in expenses the total tax still goes up $22 - the same amount as when I add $1,000

[JShaw1]

Double check a couple items -- that you are entering expenses as a "positive" number and if those expenses are prorated like mortgage interest or real estate taxes -- since you may not get the benefit of those amounts if your itemized deductions are below the new thresholds.

[richard_curley]

I was entering positive numbers so I don't think that is it.   I'm not sure I understand you prorated comment and new threshholds?