I've tried different ways but am not getting TT to arrive at the correct depreciation with time ratio ( and space ratio applied. I rented out 5% of the home for 1/4 of the year. but TT did the depreciation as if I rented out 100% of the space. Anyone know how to correct this?
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If you rented 5% of your total space for 25% of the year (1/4), then your business use is 1.25%.
If you rented 5% of your total space for 25% of the year (1/4), then your business use is 1.25%.
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