Investors & Landlords Tax Forum Q&A | TurboTax® Support

How do I enter the depreciation for my rental house

by Latest post by

1 Reply 34 Views

1 Reply

34 Views

capital gains is wrong on turbotax

by Latest post by

1 Reply 24 Views

1 Reply

24 Views

How do I update cost basis of rental on state return when it doesn't match federal return?

by

0 Replies 60 Views

0 Replies

60 Views

Should I enter here the deduction from mortgage interest took out to purchase the second home which is rented ? I took standard deduction only for the home I'm living in.

by

0 Replies 80 Views

0 Replies

80 Views

How do I report rent received from my renter on online Turbo Tax?

by Latest post by

1 Reply 67 Views

1 Reply

67 Views

Is there a glitch while entering state capital gains and loss exclusions? Does't seem to work as designed for OK

by Latest post by

3 Replies 1149 Views

3 Replies

1149 Views

In depreciating a roof for a rental. TT requests to enter the value of land included in the total cost. What is this about?

by Latest post by

3 Replies 274 Views

3 Replies

274 Views

Under federal review, I am being asked to "check this entry" for QBI At Risk Op Loss. The problem is the system should calculate this, not me. WHat do I do?

by Latest post by

1 Reply 81 Views

1 Reply

81 Views

My foreign capital gains, interests, and rental amount where to mention?

by Latest post by

1 Reply 36 Views

1 Reply

36 Views

The calculation on a 1099-B stock sale transaction is wrong. It shows a positive (gain) when it should be a negative (loss) number. How do I get it to correct?

by

0 Replies 89 Views

0 Replies

89 Views

Should I add rental income here

by Latest post by

1 Reply 21 Views

1 Reply

21 Views

Report Crop Share Farm Rental Form 4835

by Latest post by

1 Reply 42 Views

1 Reply

42 Views

how and where can i locating form 4562 to depreciate and the expenses. pleae help

by Latest post by

1 Reply 57 Views

1 Reply

57 Views

How to adjust business income on a vacation rental when rental qualifies as

by Latest post by

1 Reply 48 Views

1 Reply

48 Views

Is there a way to bulk update all 46 stock sales (actually tiny, auto sales of BTC holdings) used to pay mgmt fees from a GBTC Mini Trust dist paid using partial shares?

by Latest post by

1 Reply 65 Views

1 Reply

65 Views

Where do I add income for sale of a rental property? I enter my income from renters Jan-June, but need to enter income from the sale in July 2025.

by Latest post by

1 Reply 108 Views

1 Reply

108 Views

How can I change or remove my section 465(d) carryover?

by Latest post by

1 Reply 32 Views

1 Reply

32 Views

My partial year PA state tax return is assuming I have a rental property. But I sold it in 2024. How do I delete this?

by Latest post by

1 Reply 130 Views

1 Reply

130 Views

I have no rental but it keeps coming up in the review. what to do?

by Latest post by

1 Reply 45 Views

1 Reply

45 Views

I have a private investment loss of a company that has gone out of business but I cannot get into contact with to get a 1099-B. How do I report this loss?

by on Latest post by

3 Replies 1545 Views

3 Replies

1545 Views

I am looking the form where rental property depreciation was calculated. It is missing in my return

by Latest post by

1 Reply 207 Views

1 Reply

207 Views

How to report to IRS stolen crypto currency held in Singapore in 2023

by Latest post by

1 Reply 104 Views

1 Reply

104 Views

I have a rental property in the Netherlands for which I get deductions. I mistakenly removed all the information. How do I get for that item to show up in TurboTax?

by Latest post by

1 Reply 208 Views

1 Reply

208 Views

Can someone help me confirm that depreciation recapture on the sale of a rental property is being computed in Turbotax? I see no evidence that it is.

by Latest post by

3 Replies 1948 Views

3 Replies

1948 Views

Do I get Renter's Credit for a $2,000 a month rent?

by Latest post by

1 Reply 42 Views

1 Reply

42 Views

Need to file rent credit

by Latest post by

1 Reply 34 Views

1 Reply

34 Views

In the past, Turbo Tax calculated depreciation for my rental property. This year, my previous year's tax didn't get imported. How do I enter rental asset depreciation?

by

0 Replies 186 Views

0 Replies

186 Views

on final review capital asset sales workwheets flagged. tried to enter info but it is incorrect how can i fix it?

by

0 Replies 41 Views

0 Replies

41 Views

where in the broker statement can I find the portion showing capital gains from US obligations?

by Latest post by

1 Reply 37 Views

1 Reply

37 Views

Schedule E Property Profile Needs Review-This is making me reenter all my rental properties. What am I doing wrong?

by Latest post by

1 Reply 139 Views

1 Reply

139 Views

Form 4562i Part III Column C for basis for depreciation, multiply cost basis by % of business use. Should TurboTax do this given percentage in rental property info?

by Latest post by

1 Reply 706 Views

1 Reply

706 Views

My K-1 has both business income and a rental real estate loss. I tried to enter as two different K-1s but I get an error. Help?

by on Latest post by

3 Replies 837 Views

3 Replies

837 Views

I thought two weeks of rental income from renting vacation property was exempt from taxes?

by Latest post by

1 Reply 60 Views

1 Reply

60 Views

This is our first year on TurboTax after a CPA completing my return for years. We own a rental property and we're wondering where do we enter our asset schedule?

by Latest post by

1 Reply 177 Views

1 Reply

177 Views

HOW DO I ADJUST FORM 8960 MANUALLY

by Latest post by

1 Reply 158 Views

1 Reply

158 Views

I accidentally deleted a rental property but turbo tax won't let me go back to that specific page. How can I add it?

by Latest post by

1 Reply 77 Views

1 Reply

77 Views

When entering K-1 information, for Box 20-Code Z, I have two lines on my accompanying K-1 statement. Unadjusted basis of assets and rental income. How do I enter both?

by Latest post by

1 Reply 81 Views

1 Reply

81 Views

How do,I get needs review go away in Investments and Savings?

by Latest post by

1 Reply 43 Views

1 Reply

43 Views

For rental income, should I deduct my mortgage payments? The tenant didn't pay for 3 months, so I took a loss

by Latest post by

2 Replies 316 Views

2 Replies

316 Views

What is the best way (in TurboTax) to record an angel investment in a small business, private company stock that failed. Cost basis = $50,000. Proceeds = $0. No broker

by Latest post by

1 Reply 262 Views

1 Reply

262 Views

capital loss carryover: I do not need the deduction this year, but it is showing on Form 1040. The interview says it is not using it. how do I resolve this discrepancy?

by Latest post by

1 Reply 262 Views

1 Reply

262 Views

If my total investment income is negative, why is my "capital gains income" positive?

by Latest post by

1 Reply 48 Views

1 Reply

48 Views

where is box 1d when reporting options expiration capital gains?

by Latest post by

1 Reply 181 Views

1 Reply

181 Views

I am a federal employee living overseas working for the Department of the Army. I own a home in Virginia which I rent out. On what income do I have to pay Virginia tax?

by Latest post by

1 Reply 148 Views

1 Reply

148 Views

Fidelity Investments website is currently under maintenance message. Fidelity is not in maintenance or I wouldn't be able to log in normally.

by Latest post by

1 Reply 183 Views

1 Reply

183 Views

How do I get a foreign tax credit to apply against my rental property overseas

by Latest post by

1 Reply 238 Views

1 Reply

238 Views

my stock and RSU investment (DIV, Interest, capital gain from sales) total is way less than what Turbo Tax shows for total capital gain. why?

by Latest post by

1 Reply 149 Views

1 Reply

149 Views

I have entered my rental property information twice in this, and I am still not getting the Schedule E loading? Help Please!

by Latest post by

1 Reply 263 Views

1 Reply

263 Views

I can’t finish my stock sales reviews with Robinhood, it does not let me save the review. How can I move forward?

by

0 Replies 134 Views

0 Replies

134 Views

Where do I input short-term capital gains/losses in the underpayment penalty section of other tax situations?

by Latest post by

1 Reply 459 Views

1 Reply

459 Views

Can I deduct mobile home space rent for calif renter credit?

by Latest post by

1 Reply 139 Views

1 Reply

139 Views

If I purchased a rental property in 2025 as 50% owner, do i put the entire original purchase price, or half of it (in the section to determine cost basis and depreciation

by Latest post by

3 Replies 568 Views

3 Replies

568 Views

I have a capital loss from investment (less than $3K), why isnt the loss being reported on current year federal return?

by Latest post by

1 Reply 177 Views

1 Reply

177 Views

I file using TurboTax desktop version and has capital loss carryover from last year. How do I key in that loss in Online version this year?

by Latest post by

3 Replies 604 Views

3 Replies

604 Views

How far back can I amend my returns if I never took depreciation expense on my rental property?

by on Latest post by

25 Replies 15084 Views

25 Replies

15084 Views

Where do I enter expenses related to Farm Rental Income that is reported on Form 4835?

by Latest post by

1 Reply 181 Views

1 Reply

181 Views

I am renting out a cottage on the property where I live. Every expense is auto-divided. How would I deduct a full expense which applies only to the rented cottage?

by Latest post by

1 Reply 336 Views

1 Reply

336 Views

Form 8582/Rental property. I have prior year unallowed losses to carry over, but as it's my first year using TT, this info does not populate. Where can I fill it in TT?

by Latest post by

1 Reply 100 Views

1 Reply

100 Views

Where do you input info to have it calculate recapture on sale of rental property on TTax online?

by Latest post by

1 Reply 138 Views

1 Reply

138 Views

is paying rent considered "room and board"?

by Latest post by

1 Reply 58 Views

1 Reply

58 Views

I sold shares in my company. Where do I enter my capital gains in turbotax?

by Latest post by

1 Reply 121 Views

1 Reply

121 Views

I clicked the box for sale of a rental property but don't see where to report cost basis, etc to get the proper recapture income. I'm using the Deluxe version

by Latest post by

1 Reply 346 Views

1 Reply

346 Views

My investment figures match my 1099, but it keeps showing "Review".

by Latest post by

1 Reply 71 Views

1 Reply

71 Views

For 2025 taxes, is anyone else experiencing TurboTax failing to properly calculate depreciation for rental properties?

by on Latest post by

3 Replies 1558 Views

3 Replies

1558 Views

entered my rental income on a 50% property and the IRS form reduced it by 50% again, instructions say to enter only my share as income??

by Latest post by

1 Reply 286 Views

1 Reply

286 Views

Repair expenses under the rental property section are still showing up as "not started"

by Latest post by

1 Reply 159 Views

1 Reply

159 Views

How do I find the cost basis of the inherited stocks that I sold? They are checked as Noncovered security and no cost basis is listed.

by Latest post by

1 Reply 92 Views

1 Reply

92 Views

Why is my capital loss carryover on Turbo Tax showing as a gain this year? I still have 2 more years worth of loss to report?

by on Latest post by

3 Replies 3607 Views

3 Replies

3607 Views

I have a rental property - where do I enter the depreciation expense or depletion?

by Latest post by

1 Reply 210 Views

1 Reply

210 Views

how do I remove federal carryover worksheet?

by Latest post by

1 Reply 118 Views

1 Reply

118 Views

If replacing furniture in an apartment is that considered an expense or asset?

by Latest post by

1 Reply 51 Views

1 Reply

51 Views

do i need to report proceeds and cost and capital gains and losses from my 1099b and where do I report it?

by Latest post by

2 Replies 253 Views

2 Replies

253 Views

I am stuck in the "rental property prior-year AMT tax depreciation back. I have never encounter this kind question.

by

0 Replies 206 Views

0 Replies

206 Views

Purchased a 2nd home as a rental property. We had substantial repairs and renovations completed after purchase. Currently we pay the bills, no income. How do we report?

by Latest post by

2 Replies 241 Views

2 Replies

241 Views

I have entered my stock sales from my 1099B but also have Options subject to section 1256 reporting. Where & how do I enter this information?

by Latest post by

1 Reply 227 Views

1 Reply

227 Views

I rent out part of my home during part of the year. When I enter costs associated with the rental, does TurboTax automatically calculate partial amounts for expenses?

by Latest post by

1 Reply 276 Views

1 Reply

276 Views

I have a condo that I rent out to two tenants that share the condo. I had to replace carpet in one of the rooms. Do I have to send the carpet company a 1099?

by Latest post by

1 Reply 117 Views

1 Reply

117 Views

How do I enter an stock investment loss in a LLC in turbo tax? It it pulling it in under my personal losses.

by Latest post by

2 Replies 161 Views

2 Replies

161 Views

Does or I am stuck on what to do with "1099-B".. I see a loss of $221.10 but do not know how to match up with ESPP, RSU, NQSO, or ISO??

by Latest post by

1 Reply 82 Views

1 Reply

82 Views

how do I know what depreciation method was used last year?

by Latest post by

1 Reply 47 Views

1 Reply

47 Views

I have a rental property that I have rented for years. I don't know how to list it because its not the 'First year rented, Sold, Part of my Home nor Converted my Home

by Latest post by

1 Reply 115 Views

1 Reply

115 Views

I'm unable to record the sale of my rental property in my rental investment section. It never asks for my rental cost/sale information even though its marked as sold.

by Latest post by

1 Reply 152 Views

1 Reply

152 Views

i rent out part of my property in another state for grazing land. is that considered income from operating a farm?

by Latest post by

1 Reply 184 Views

1 Reply

184 Views

It won't let me file my state return because it insist on me typing an apartment number - but we don't have one, we're renting a house.

by Latest post by

1 Reply 262 Views

1 Reply

262 Views

The rental loss carryover from 2024 can't be entered - is this getting fixed?

by on Latest post by

4 Replies 336 Views

4 Replies

336 Views

I SOLD MY BUSINESS AND AM GETTING MONTHLY INSTALLMENTS UNTIL MAY 2027. IT WAS SOLD AT A LOSS. HOW DO I CLAIM THIS LOSS THE NEXT FEW YEARS?

by Latest post by

1 Reply 241 Views

1 Reply

241 Views

can I report a U.S. tax withholding on my rental income if I did not get a 1099-k

by Latest post by

1 Reply 128 Views

1 Reply

128 Views

I accidentally posted Hilcorp royalties as stock sale! How do I fix this?

by Latest post by

1 Reply 85 Views

1 Reply

85 Views

I purchased a house in 2004 and converted to rental in 2014. I had to enter FMV as depreciation cost basis as it's lower than orig. cost. How do I adjust it for the sale?

by Latest post by

10 Replies 1211 Views

10 Replies

1211 Views

How to report foreign rental home income with turbotax?

by Latest post by

1 Reply 194 Views

1 Reply

194 Views

CAN RENTAL PROPERTY EXPENSES BE CLAIMED EVEN IF THE RENTAL PROPERTY WAS NOT RENTED OUT IN 2025?

by Latest post by

1 Reply 298 Views

1 Reply

298 Views

does my mortage payment count as rent expense?

by Latest post by

1 Reply 119 Views

1 Reply

119 Views

Why is my capital loss carryover capped at 1,000?

by Latest post by

1 Reply 165 Views

1 Reply

165 Views

I dont see an option to add depreciation expense on my rental property when I click on Add Expense or Asset. How do I add?

by Latest post by

1 Reply 343 Views

1 Reply

343 Views

Can I deduct fees for tax preparation software or professional tax preparer expense on schedule E for rental property?

by Latest post by

2 Replies 909 Views

2 Replies

909 Views

why doesn't TTAX 1099B list investments in Payer's order and they delete stock symbols making it impossible to check and don't have a way to acknowledge the checK?

by

0 Replies 174 Views

0 Replies

174 Views

I am being prevented from filing because I have not entered a value for royalties in line 4 of my schedule E. Deleting and restarting doesn't help. How to resolve this?

by Latest post by

1 Reply 225 Views

1 Reply

225 Views

How can I enter rental only expenses on a converted person to rental that is not prorated. These are rental only expenses.

by Latest post by

1 Reply 241 Views

1 Reply

241 Views

Can I leave the apartment number blank if I don't have an apartment number even though Turbo Tax is telling me to enter an apartment number?

by Latest post by

1 Reply 199 Views

1 Reply

199 Views

Early IRA distributions paid my expenses while unemployed. Does rent or any other expenses qualilfy as "eligible emergency expenses" to reduce tax penalties?

by Latest post by

1 Reply 258 Views

1 Reply

258 Views

We received a $900 check every month from daughter. Fair market is $2,750. Should we remove the property? Where do we report $900 per month? Do we report rent tax?

by Latest post by

1 Reply 380 Views

1 Reply

380 Views

I do not see rental income/business or schedule C

by Latest post by

1 Reply 268 Views

1 Reply

268 Views

Do I need to use a 1099 to report my paying liscenced companies to complete a remodel?

by Latest post by

1 Reply 147 Views

1 Reply

147 Views

What is QBI at risk op loss and how do I determine the number?

by

0 Replies 91 Views

0 Replies

91 Views

how to enter 1099-B short term gains

by Latest post by

1 Reply 88 Views

1 Reply

88 Views

Sold our condo in Feb '25. I added rental income and expenses for '25, where do I put the sale price, expenses, upgrades, improvements we did for the 20yrs we owned it

by

0 Replies 223 Views

0 Replies

223 Views

Why don’t Rental Property Expenses update? Info entered but status still indicates “Not Started”?

by

0 Replies 239 Views

0 Replies

239 Views

When will TurboTax fix the glitches related to rental property real estate taxes not pulling onto state form, which are preventing me from filing my taxes?

by

0 Replies 344 Views

0 Replies

344 Views

How do you review stock sales input from financial institution when Turbotax online requests a review? No button for this!

by

0 Replies 462 Views

0 Replies

462 Views

Turbotax online. I can't find rental property deprec.. Same problem as https://www.reddit.com/r/TurboTax/comments/1sfhdxd/cant_find_schedule_e_for_rental_depreciation_on/

by Latest post by

1 Reply 521 Views

1 Reply

521 Views

Turbotax online. I can't find rental property deprec.. Same problem as https://www.reddit.com/r/TurboTax/comments/1sfhdxd/cant_find_schedule_e_for_rental_depreciation_on/

by Latest post by

1 Reply 607 Views

1 Reply

607 Views

I have mineral rights interests in property, and TurboTax is demanding that I report rental income in order to file.

by Latest post by

1 Reply 729 Views

1 Reply

729 Views

How to compute these numbers, on the "Your profit and loss results - rental and royalty income" page at the end of "Income" section? The numbers seem very off for me.

by Latest post by

2 Replies 560 Views

2 Replies

560 Views

On Robinhood 1099b under additional information, it says "Option expiration" so I select "option" and "expired" and box 1d disappears and gain is 0

by Latest post by

1 Reply 288 Views

1 Reply

288 Views

I got META stock years ago as RSUs. I quit in 2023. Then I sold some at a loss in 2025. Is this a sale of "employee stock"?

by

0 Replies 120 Views

0 Replies

120 Views

How do I find the qbi at risk op loss

by

0 Replies 49 Views

0 Replies

49 Views

I doing taxes online but can't find Schedule D capital gains/losses form. How do I pull up the document?

by Latest post by

1 Reply 241 Views

1 Reply

241 Views

Do I report a 1099-B report of 0 shares Ishares Ethereum being sold?

by Latest post by

6 Replies 253 Views

6 Replies

253 Views

How do I enter "Return of capital for fractional shares or cash in lieu" on 1099-B Sales info for "How did you receive this investment?"

by Latest post by

1 Reply 470 Views

1 Reply

470 Views

Why '0" for capital loss carryover amounts when I entered data?

by Latest post by

1 Reply 205 Views

1 Reply

205 Views

if my capital loss carryover from 2024 is $14,285, and in 2025 I can apply $3000 of loss carryover to 2025, why then is turbo saying amount carried over to 2026 is $0.00?

by Latest post by

1 Reply 216 Views

1 Reply

216 Views

How do I report collections on a prior year installment sale, proceeds and interest?

by Latest post by

1 Reply 164 Views

1 Reply

164 Views

I am using online turbo tax, and when fixing the error it found, it won't accept my de-selecting "special depreciation allowance" in Schedule E for my rental prop (asset)

by on Latest post by

18 Replies 3391 Views

18 Replies

3391 Views

I have a 2024 capital gains loss. Do I need to carry it over to 2025 or can I delete it from the filing and not use it/carry it over for 2025? I do not need it.

by Latest post by

2 Replies 296 Views

2 Replies

296 Views

I have a question on cost or other basis on selling inherited stock

by Latest post by

1 Reply 94 Views

1 Reply

94 Views

turbotax says I have a capital loss when I do not

by Latest post by

1 Reply 329 Views

1 Reply

329 Views

do i report capital gains if i am a non resident?

by Latest post by

1 Reply 183 Views

1 Reply

183 Views

don't get QBI deduction for rental income when I enter rental property is sold. QBI deduction is there if I dont show rental property is sold.

by Latest post by

8 Replies 865 Views

8 Replies

865 Views

what does adjusting a cost basis mean when selling a stock

by Latest post by

1 Reply 93 Views

1 Reply

93 Views

"Tell us about your situation this year" Since I rent out several years, I don't have the option to select, help!

by Latest post by

1 Reply 111 Views

1 Reply

111 Views

Can't enter Fair rented days

by Latest post by

1 Reply 152 Views

1 Reply

152 Views

I have filled all questions on rental. Why nothing shows up in this section to fill out depreciation information? My form4562 doesn't have depreciation lines filled.

by Latest post by

4 Replies 896 Views

4 Replies

896 Views

SPDR GOLD (GLD) - how do you report the noncovered securities with undetermined holding period portion of this investment ?

by Latest post by

1 Reply 941 Views

1 Reply

941 Views

line 7 net short term capital gain from schedule D - to file capital loass carryover

by Latest post by

1 Reply 419 Views

1 Reply

419 Views

TT software is applying prior carry forwarded losses that are greater than current capital gains but my refund is still being reduced by the gain. Any suggestions? Tks

by Latest post by

1 Reply 661 Views

1 Reply

661 Views

If I purchased stock through an employee purchase plan over 40 years ago for a company I no longer work for, then sold it this year. How do I claim it

by Latest post by

1 Reply 334 Views

1 Reply

334 Views

Turbo tax error - I have no royalty income on Schedule E workshop line 4 but turbo wont let me e file. Even entering any number doesnt fix it.

by Latest post by

1 Reply 920 Views

1 Reply

920 Views

WHEN I ENTERING MANUALLY 1099-B , CHOSING AS SALES SECTION TOTAL, I AM MISSING 1G (WASH SALE) COLUME, HOW I CAN ENTER 1G ?

by Latest post by

1 Reply 293 Views

1 Reply

293 Views

How do I add the sale price for an asset that was used as a rental property?

by Latest post by

1 Reply 481 Views

1 Reply

481 Views

How do I report a loss of I invest money to purchase a corporate stock?

by Latest post by

1 Reply 481 Views

1 Reply

481 Views

Got a check entry in schedule E:QBI worksheet to report if qualified business, this is a rental property, my Single LLC is making payments to 1 employee. I have 2 rentals

by Latest post by

12 Replies 1854 Views

12 Replies

1854 Views

Received 1099B stock broker futures trading statement trying to enter online manually per instruction but tt-online not asking me if futures contract?

by Latest post by

1 Reply 656 Views

1 Reply

656 Views

How do I add a rental property to the QBI. Some of my rentals are included some are not and I can't find the place to add the others.

by Latest post by

1 Reply 129 Views

1 Reply

129 Views

Can I access old depreciation schedules for rental properties?

by Latest post by

1 Reply 1036 Views

1 Reply

1036 Views

where do i identify stock sales as qualified small business stock (section 1202)?

by Latest post by

7 Replies 414 Views

7 Replies

414 Views

I'm getting an error on my Federal Review that says "QBI Passive Op Loss must be entered." It won't take zero. My k-1 has no entry for QBI Passive Op Loss.

by Latest post by

1 Reply 374 Views

1 Reply

374 Views

What category does a roof replacement fall under, rental property furnishings, land improvement, or residential real estate?

by Latest post by

1 Reply 896 Views

1 Reply

896 Views

Why does this program keep asking for "Fair rented days" and "Personal Use Days" after I enter them in the final check on a rental property?

by Latest post by

1 Reply 497 Views

1 Reply

497 Views

How do I enter assets and suspended loss for an out-of-state rental property?

by Latest post by

1 Reply 291 Views

1 Reply

291 Views

how do i figure out my adult dependent son's income from fidelity investments 1099 INV and Div form 2025 to report on taxes?

by Latest post by

1 Reply 526 Views

1 Reply

526 Views