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E
emoller5612
June 18, 2024
Question

When entering Rental expenses, does Turbotax attribute the number entered as a share of the partnership or as a total for that individual?

  • June 18, 2024
  • 1 reply
  • 0 views
ie: I've selected my wife and I as 50% owners.  If total advertising costs were for example $500, should I enter $250 for each of us or $500 for each of us?

    1 reply

    T
    TurboTaxBrenda
    June 18, 2024

    You would enter $500 and TurboTax would calculate 50%- once you have entered the amounts you will see the summary- You can then verify that it is calculated correctly.

     

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