You'll need to sign in or create an account to connect with an expert.
To enter in TurboTax enter under the Property Profile indicate that you rented a part of your home on the page, Do Any of These Situations Apply to This Property?
If you rented a part of your home and it was rented for the entire year, then TurboTax will calculate the rental/personal share.
If you rented part of your home and it was not rented for the entire year (you entered days rented and personal use), then you will need to allocated expenses between the rental and personal portion. Square footage is a common way to allocate. Ex: Room is 200 sq.ft/2000 sq.ft home = 10% of expenses allocated to the rental side.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17649953619
New Member
inpatel.austin
Returning Member
AMC6
Returning Member
user17629261984
New Member
JoeTaxDad
Level 2