I rent my home for six months every calendar year and have been doing so for a long time. This year, TurboTax isn't adjusting the expenses (ie halving them) to reflect that period, and instead entering the full amount on the rental P&L.
So, while I can easily cheat this for most numbers (ie I can just enter half my property taxes instead of the entire amount), the automatically calculated depreciation number is more complicated.
In the past, it has calculated the full amount on the depreciation worksheet but then correctly reported only half that on the rental P&L. This year, it's putting the full year's amount, thus significantly (and incorrectly) reducing my taxable income.
Is there any way to fix this or get around it?
Thanks