Where do I list the percentage of my home that was rented? Does the 2020 app calculate percentage of mortgage and RE tax for between Sched E and Personal deductions?

[richinspirit]

It used to ask for the entire amounts and calculate them for you, but I don't see that option. Did I miss something? Do I have to do my own math this year?

[Carl]

Generally, if you have to ask, it's because you missed a selection while working through the SCH E section.  Either that, or you're just not done and haven't got to yet another section yet.

In the Property Profile section there are three selections that you must make.

- 2020 is the first year I rented this property (it's okay if you don't have this option to select)

- I rent out a part of my home.

- I converted this property from personal use to a rental in 2020.

Then on a later screen in the property profile section you'll select the option for "Yes, I will enter total amounts and let TurboTax do the math (recommended)".  Then you'll be asked for the percentage.

Now for this particular scenario you'll have another issue in the "assets/depreciation" section. But so that I don't risk causing "information overload" lets deal with that separately when you get to it.