I am entering 100% of my income and costs for the rental property. I select 50% ownership and let Turbo Tax calculate 50% of the values entered to transform to Schedule E. However on Schedule E, 100% of depreciation from form 4562 appears on Line 18. Why does the software not calculate 50% of the depreciation value Form 4562?
posted
last updated
June 06, 2019
4:22 AM