Does TurboTax divide T776 expenses automatically?

[Makker124]

My spouse and I have a rental suite that we co-own and manage together and was wondering if the the division of expenses was automatic.  For example if a utility costs $1000 for the year that we equally shared the payments for, do I enter $500 when filling out the T776 or the full amount? TurboTax automatically generates a duplicate T776 with all the same values for my spouse, when I finish filling out my own. I need to make sure I don't double claim or only claim half of our expenses.

Thank you.

[TurboTaxHeba]

TurboTax products have the option to split the rental income between spouses as co-ownership. You state that is a co-ownership on the Rental Income Statement page. enter the co-ownership percentage on the T777: Real Estate Rentals Statement page.

The software will split the income and expenses according to the percentage used. Unless you are claiming CCA using the Online version, you will need to claim half of the amount of the depreciable expenses on both returns separately. 

I hope this was helpful