The federal summary is not calculating properly the rental income and expense I've entered on form T776. My spouse and I are co-owners (50% each). The percentage calculation is correct but the net amount for each of us is not. The net rental amount showing in the federal summary is much higher.
Net rental income not calculating correctly in summary for me and spouse
in Technical questions
Posted
The federal summary is not calculating properly the rental income and expense I've entered on form T776. My spouse and I are co-owners (50% each). The percentage calculation is correct but the net amount for each of us is not. The net rental amount showing in the federal summary is much higher.