in 2022 i converted 50% of my home into an apartment. On form 4562 Do I enter 100% of the Cost and Land or 50% of the Cost and Land ?? If I enter 100% do I enter Business use at 50%. I have divided my other expenses by 50%. Any suggestions ?? In my mind, i am thinking I should enter the 50% that pertains to the apartment only
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Do the math yourself and then then enter the figures into the program. TurboTax is not great with respect to your scenario.
That’s what I thought ! Just needed some reassurance.
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