Question

Schedule E Worksheet for rental propery

Forum|Forum|3 years ago
February 17, 2023
1 reply
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I can't see the computations behind the numbers in boxes C, D, and E for lines 5-19. I did not enter them, the form has no instructions for their computation, and there are no "magnifying glass" icons to click.

A

AnnetteB6

If the rental property is a vacation rental or has personal use days allotted to it, then columns D and E are used.

Column C shows the amount that is reported on Schedule E for each expense item in lines 5 through 19.

Column D shows expense items that may be limited based on vacation home rules and expenses that may be claimed up to the amount of income. The order in which these expenses are claimed is pre-determined and can be limited to only the amount of income for the property if the property was used as your home based on the other entries on the form.

Column E shows expense items that have been allocated to be personal expenses based on the number of personal use days entered for the property.

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