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Real estate taxes for vacation home in another country

In addition to our primary home, we have a vacation home in another country.  We rent out the vacation home for 80% of the year and use it ourselves for 20%.   I do Schedule E for the rental income.  In the Schedule E section of TT, I include the real estate taxes we pay on the vacation home.  TT automatically allocates 80% of the real estate taxes as an expense in Schedule E.  

 

My question is, how do I claim the 20% personal use portion of the real estate taxes?  I have a note that I wrote to myself from a previous year that says TT will automatically include it in Schedule A, but I can't seem to find that number on Schedule A.  Line 5b only shows the real estate taxes that I entered for our primary home. 

 

In the interview section of TT for property taxes, there are spaces to input three numbers:

- Property tax on your main home.

- Additional homes or land

- Foreign real estate taxes.

I tried entering the 20% real estate taxes for our vacation home in the space for foreign real estate taxes.  But then I noticed that TT SUBTRACTED that amount from the property tax on our main home and included the result on line 5b.  That didn't seem right.  So, how should I do it?

 

Thanks.

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1 Reply
ColeenD3
Expert Alumni

Real estate taxes for vacation home in another country

Make a manual entry on Schedule A for the 20% of the RE tax. 

 

If you're a homeowner, your property taxes are entered in the Deductions & Credits section:

  1. Sign in and open your return if you're not already in it.
  2. Inside TurboTax, search for property tax and select the Jump to link at the top of your search results.
  3. Answer Yes to the question Did you pay property or real estate taxes in 2021?
  4. Enter your property/real estate taxes on the next screen.

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