Last year, 2018, was our first tax filing after moving to TX from WA.
We still own a rental in WA and entered the income from it into TT Premium online and e-filed.
After reviewing last years work online I don't see that rental income reported on line 3 of the 1040 schedule E form. (Rents received)
It does show up in our 2017 taxes.
What could have happened?
I did find a similar question with an answer over my head.
I would better understand a software glitch.
Is it even possible to have the 1040 schedule E included in a return but leave the value at zero or incomplete.
I would think TT would report an error. This is why I don't think I forget to enter a value.
Any ideas?
Thanks
You'll need to sign in or create an account to connect with an expert.
@Retired Tommy wrote:Is it even possible to have the 1040 schedule E included in a return but leave the value at zero or incomplete.
I cannot tell you for certain what actually occurred, but I can tell you that it is absolutely possible to have a Schedule E with no figure on Line 3. All that needs to be done to generate a Schedule E (with no errors) is to input a figure (any figure) as an expense - Line 3 can be completely blank.
Ultimately, the exact nature of the error is largely irrelevant; if your rental income did not get reported for one reason or another (software glitch, missed input, etc.), then you will most likely need to file an amended return.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Melissa-cooks7
New Member
wheresmyguitar
New Member
Shannerzzzz
New Member
Flanda
Returning Member
Grandma8
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.