Schedule E Line 14 Repairs on a multi-family property

[John_L]

TurboTax changed calculations in 2023.

I own (and reside in) a multi-family. I entered $X as repair expenses in 2023, and Y% as renter occupancy.

Differently than prior years, TurboTax as entered Schedule E Line 14 Repairs as $X * Y%, rather than $X.

My intent is to enter Line 14 as $X. Please consider restoring this calculation to be consistent with prior years.

[John_L]

This "change" is also affecting the bottom line for Homeowners Insurance Premiums and Real Estate Taxes.

[AnnetteB6]

To try to help you solve this issue, it would be useful to have a diagnostic copy of your tax data file.  The diagnostic file will not contain personally identifiable information, only numbers related to your tax forms.  If you would like to provide us with the diagnostic file, follow the instructions below and post the token number along with which version of TurboTax you are using and what states you are filing in a follow-up thread.

Use these steps if you are using TurboTax Online:

• Sign in to your account and be sure you are in your tax return.
• Select Tax Tools in the menu to the left.
• Select Tools.
• Select Share my file with agent.
• A pop-up message will appear, select OK to send the sanitized diagnostic copy to us.
• Post the token number here. 

If you are using a CD/downloaded version of TurboTax, use these steps:

• Select Online at the top of the screen.
• Select Send Tax File to Agent.
• Click OK.
• Post the token number here.

If you prefer to not share your diagnostic tax file, my recommendation is to double-check all of your entries in the Property Profile section of the Rental Income and Expenses section to be sure that they are the same for 2023 as they were for 2022.  

@John_L