Why does my expense summary in rental property not match what I entered or what is calculated? (e.g. interest, insurance, depreciation)

[drtvinp]

Mortgage interest is showing nearly $2k less, and depreciation is showing $3k less, and insurance about $500 less than actual.

[Carl]

If you're talking about the "Net Income Summary" screen, it's because your depreciation is included in that expense amount. Remember, that screen is just a summary. Nothing more. Nothing less.

[drtvinp]

Yes the net income is showing $0, but I am talking about the expense detail.  For example,  I entered a mortgage interest of 4370 - on the expense detail, and expense detail comparison from the year before it is showing 2909 - not at all what I entered.  The depreciation was also calculated at somewhere around 3900 but on the expense detail page, it shows around 810.  This is also occurring for insurance, and a couple of other items.  Shouldn't it reflect exactly what I enter, and shouldn't the depreciation be reflected the same?  I fear this is leading miscalculations in my return.  I've never had this happen before and I've had this rental for nearly ten years with both ups and downs.

[drtvinp]

Yes the net income is showing $0, but I am talking about the expense detail.  For example,  I entered a mortgage interest of 4370 - on the expense detail, and expense detail comparison from the year before it is showing 2909 - not at all what I entered.  The depreciation was also calculated at somewhere around 3900 but on the expense detail page, it shows around 810.  This is also occurring for insurance, and a couple of other items.  Shouldn't it reflect exactly what I enter, and shouldn't the depreciation be reflected the same?  I fear this is leading miscalculations in my return.  I've never had this happen before and I've had this rental for nearly ten years with both ups and downs.

[AmeliesUncle · Accepted solution]

First, ignore the summary pages.  Look at the actual tax return (Schedule E).

Second, did you enter any "personal" days?  Or was it a rental the entire year?

[drtvinp]

There was some time that it was not rented - about 3 months.  I used that time to clean it up and get it ready for the next tenant.  

[AmeliesUncle]

As I asked before, did you enter any "personal" days?

[drtvinp]

Ok it looks like I did actually put in personal days!  I must not have been paying attention when I first did it.  I  fixed it and it changed everything.

Thanks!