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rdsiemens
New Member

For the rental summary page my wife and I own a rental house. We split the income for tax purposes. Do we say ownership is 100% each or 50% each?

 
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For the rental summary page my wife and I own a rental house. We split the income for tax purposes. Do we say ownership is 100% each or 50% each?

If you are a co-owner or member of a partnership:

  • Enter your percentage of ownership in the Identification section and complete the Details of other co-owners and partners section, including the co-owners/partners percentage of ownership.
  • Enter the total gross income; do not enter just your portion/share

Please see link below for further assistance.

How do I enter my rental income and expenses in TurboTax?