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nickythegolden
New Member

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

 
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ghost
Level 8

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

No. Any of the CD/download product contain the necessary forms for reporting rental property income. The premier version, however, contains specific guidance to the user in this area. Lesser products require you to work your rental property return with minimal guidance.

https://turbotax.intuit.com/personal-taxes/cd-download/

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9 Replies
ghost
Level 8

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

No. Any of the CD/download product contain the necessary forms for reporting rental property income. The premier version, however, contains specific guidance to the user in this area. Lesser products require you to work your rental property return with minimal guidance.

https://turbotax.intuit.com/personal-taxes/cd-download/

nickythegolden
New Member

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

Thank you. I'll give it a try with the basic software and if I need more guidance, will upgrade to Premier.
ghost
Level 8

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

@nickythegolden I assume your original tax returns were done with TT software and you have the data files available. You will need those.
nickythegolden
New Member

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

No- I did not do them with TT software.
ghost
Level 8

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

@nickythegolden You will have to enter ALL of your original return into TT before you will be able to amend it. There is no way to import your original return. The answer given but @TurboTaxLina contains this fine print.
"Please note that these instructions assume that you prepared your return using TurboTax.  Since you did not, you will want to enter the information from your return as originally filed, then proceed starting in Step 3."
nickythegolden
New Member

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

Great. Thank you!
ghost
Level 8

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

You're welcome.
LinaJ2018
Intuit Alumni

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

If you did not file with TurboTax, I will recommend you purchase TurboTax Premier edition which gives you specific guidance for reporting your rentals.  

 

If you filed with Turbotax, please see  Amend

https://ttlc.intuit.com/replies/5709701

[Edited 1/26/2018 | 6:12 PM]

nickythegolden
New Member

I own a rental property and need to amend my 2014 and 2015 taxes to include depreciation on the property. Do I need to purchase Turbotax premier software for this?

I understand that, but my question is: do I purchase the basic Turbotax software for 2014 or do I have to purchase the Premier software for 2014 since the info I need to amend is regarding a rental income.
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