There is a worksheet in the TaxAct® program, Vacation Home Limitation Worksheet, which shows the calculation for rental expenses allowed on Schedule E when the rental property is used for both rental and personal purposes.
The worksheet also calculates and tracks the amount of Operating Expenses and Depreciation allowed to be carried over to the following year's return due to this calculation.
To view this worksheet in TaxAct:
Note: If you see a message indicating you have not paid your return fees, click the View/Pay link, which will direct you through the Paper Filings steps. Continue through the screens until you have processed the payment for your product fees and then repeat the steps to print.