Schedule E - Vacation Home Limitation Worksheet View Worksheet
1

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:

  1. From within your TaxAct Online return, click Print Center in the left column.
  2. Click Custom
  3. Click the checkbox(es) to the left of what you wish to print (the top section contains individual forms or schedules and the bottom section contains documents or worksheets). You may need to scroll down in the section to locate the item.
  4. Click Print and then click the PDF link. Click the printer icon or the save icon (available when you hover your mouse over the bottom of the PDF form) to print or save the PDF copy.

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.

  1. Click the Forms icon in the toolbar
  2. Expand the Federal folder
  3. Expand the Worksheets folder
  4. Scroll down and double-click Schedule E Vacation Home Limitation - Vacation Home Limitation