Once the vacation home limitation applies for a property, it will always apply to the property. If you imported your return from last year and the vacation home limitation applied on that return, the information would have been imported to this year’s return.

If you do not want your expenses limited by the vacation home limitation, you will need to delete the Schedule E that currently has the vacation home limitation applied and then re-enter the information on a new Schedule E. You can delete the Schedule E in the Rental Income section of the Q&A.

To delete the Schedule E in the Rental Income section of TaxACT, follow these steps:

1. From within your TaxACT return (Online or Desktop), click on the Federal Q&A tab
2. Click Rent or Royalty Income to expand the category and then click Real estate rental income
3. Click Delete to delete the appropriate Schedule E Form
4. After deleting the schedule, you will need to re-enter your information. Remember that the vacation home limitation will be calculated based on the number of days entered for personal use.