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When Im entering the amount for rent I paid for the previous year, am I entering the amount for the entire year or the monthly amount?

 
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PatriciaV
Employee Tax Expert

When Im entering the amount for rent I paid for the previous year, am I entering the amount for the entire year or the monthly amount?

Yes, you should entire the annual rent amount (the total you paid for the entire year).

For example, if you paid $1000 per month for rent, you would enter $12,000 as the total rent you paid ($1000 x 12).

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1 Reply
PatriciaV
Employee Tax Expert

When Im entering the amount for rent I paid for the previous year, am I entering the amount for the entire year or the monthly amount?

Yes, you should entire the annual rent amount (the total you paid for the entire year).

For example, if you paid $1000 per month for rent, you would enter $12,000 as the total rent you paid ($1000 x 12).

**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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