I submitted this question 6 days ago but apparently it has already been archived. (the original was https://ttlc.intuit.com/questions/4690349) So, I'm reposting :
I rented my house in 2018 for the first time. It is a single family unit that I converted to a rental part way through the year. I want to deduct expenses associated with the rental.
Turbotax automatically allocates a pro-rata portion of certain rental expenses to a part-year rental, based on personal/rental use. For example, if I used the house for 90 days (personal use) and rented 270 days (rental), then turbotax allocates 75% of my expenses to my rental. That makes sense for interest, taxes, and insurance. However, it also takes the maintenance and repair expenses I enter, and also then only deducts 75% of what I enter. I don't want it to do that! For example, if I incurred $1000 of maintenance expenses for my rental, and I enter that in TurboTax, it only reports $750 as rental expense. How can I override TurboTax's default behavior for schedule E expenses for categories like maintenance and repairs, so that it doesn't only report 75% of those categories---while still deducting only a pro-rata share of things like interest and taxes.
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Go through the Rental section again. On the page shown below, check the two boxes that I've circled (don't pay attention to the actual check marks).
The next screen (below) asks Was this Property Rented for All of 2018?, check Yes., and Yes to rented at a fair rental price.
Then select Yes, I am an active participant...
Continue through the next questions, including the one about how you'd like to enter the info: type it in yourself.
Continue till you get to the third screen below, and check Yes to Was this property your residence in the past? Choose how you acquired it.
Walk through the rest of the interview and it'll let you allocate your expenses appropriately.
Go all the way to the beginning and then go back in, you'll be able to find it if you go all the way back:
1. Click Federal Taxes across the top.
2. Click Wages & Income across the top.
3. Click I’ll choose what I work on.
4. Scroll down to Rental Properties and Royalties.
5. Click Start or Update by Rental Properties and Royalties (Sch E).
Click Edit by the one that you want to change.
Click Update to the right of Property Profile.
A few screens into the interview, you'll be able to change the rental periods and days rented, as above.
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