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TT is asking me to check a schedule E entry. rented days were 365 so there were no days of personal use. However Days of Personal Use is showing 365 but s/b 0

 
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1 Best answer

Accepted Solutions
PaulaM
Employee Tax Expert

TT is asking me to check a schedule E entry. rented days were 365 so there were no days of personal use. However Days of Personal Use is showing 365 but s/b 0

Navigate back to the Property Profile section. On the page, Was this property rented for All of 2016?, select 'No' to open the days used box back up. Clear any entries you have in this box. Then select, the 'Yes' radio button.

If you still are getting stopped in the review, you can select the 'no' button again and enter 365 for rented and a 0 for personal use. The dialog box in the days used section has to have two entries or none.

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1 Reply
PaulaM
Employee Tax Expert

TT is asking me to check a schedule E entry. rented days were 365 so there were no days of personal use. However Days of Personal Use is showing 365 but s/b 0

Navigate back to the Property Profile section. On the page, Was this property rented for All of 2016?, select 'No' to open the days used box back up. Clear any entries you have in this box. Then select, the 'Yes' radio button.

If you still are getting stopped in the review, you can select the 'no' button again and enter 365 for rented and a 0 for personal use. The dialog box in the days used section has to have two entries or none.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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