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

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

by Latest post by

1 Reply 35 Views

1 Reply

35 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 1147 Views

3 Replies

1147 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 253 Views

3 Replies

253 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 71 Views

1 Reply

71 Views

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

by Latest post by

1 Reply 33 Views

1 Reply

33 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 67 Views

0 Replies

67 Views

Should I add rental income here

by Latest post by

1 Reply 19 Views

1 Reply

19 Views

Report Crop Share Farm Rental Form 4835

by Latest post by

1 Reply 40 Views

1 Reply

40 Views

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

by Latest post by

1 Reply 53 Views

1 Reply

53 Views

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

by Latest post by

1 Reply 43 Views

1 Reply

43 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 62 Views

1 Reply

62 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 97 Views

1 Reply

97 Views

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

by Latest post by

1 Reply 29 Views

1 Reply

29 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 110 Views

1 Reply

110 Views

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

by Latest post by

1 Reply 40 Views

1 Reply

40 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 1544 Views

3 Replies

1544 Views

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

by Latest post by

1 Reply 176 Views

1 Reply

176 Views

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

by Latest post by

1 Reply 97 Views

1 Reply

97 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 161 Views

1 Reply

161 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 1931 Views

3 Replies

1931 Views

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

by Latest post by

1 Reply 38 Views

1 Reply

38 Views

Need to file rent credit

by Latest post by

1 Reply 31 Views

1 Reply

31 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 154 Views

0 Replies

154 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 40 Views

0 Replies

40 Views

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

by Latest post by

1 Reply 30 Views

1 Reply

30 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 134 Views

1 Reply

134 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 667 Views

1 Reply

667 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 835 Views

3 Replies

835 Views

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

by Latest post by

1 Reply 51 Views

1 Reply

51 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 158 Views

1 Reply

158 Views

HOW DO I ADJUST FORM 8960 MANUALLY

by Latest post by

1 Reply 152 Views

1 Reply

152 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 72 Views

1 Reply

72 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 71 Views

1 Reply

71 Views

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

by Latest post by

1 Reply 41 Views

1 Reply

41 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 300 Views

2 Replies

300 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 256 Views

1 Reply

256 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 242 Views

1 Reply

242 Views

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

by Latest post by

1 Reply 42 Views

1 Reply

42 Views

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

by Latest post by

1 Reply 176 Views

1 Reply

176 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 138 Views

1 Reply

138 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 177 Views

1 Reply

177 Views

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

by Latest post by

1 Reply 225 Views

1 Reply

225 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 140 Views

1 Reply

140 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 237 Views

1 Reply

237 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 129 Views

0 Replies

129 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 435 Views

1 Reply

435 Views

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

by Latest post by

1 Reply 136 Views

1 Reply

136 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 523 Views

3 Replies

523 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 161 Views

1 Reply

161 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 583 Views

3 Replies

583 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 15080 Views

25 Replies

15080 Views

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

by Latest post by

1 Reply 170 Views

1 Reply

170 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 325 Views

1 Reply

325 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 91 Views

1 Reply

91 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 131 Views

1 Reply

131 Views

is paying rent considered "room and board"?

by Latest post by

1 Reply 54 Views

1 Reply

54 Views

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

by Latest post by

1 Reply 115 Views

1 Reply

115 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 327 Views

1 Reply

327 Views

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

by Latest post by

1 Reply 68 Views

1 Reply

68 Views

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

by on Latest post by

3 Replies 1549 Views

3 Replies

1549 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 274 Views

1 Reply

274 Views

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

by Latest post by

1 Reply 152 Views

1 Reply

152 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 89 Views

1 Reply

89 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 3600 Views

3 Replies

3600 Views

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

by Latest post by

1 Reply 200 Views

1 Reply

200 Views

how do I remove federal carryover worksheet?

by Latest post by

1 Reply 115 Views

1 Reply

115 Views

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

by Latest post by

1 Reply 48 Views

1 Reply

48 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 240 Views

2 Replies

240 Views

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

by

0 Replies 197 Views

0 Replies

197 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 228 Views

2 Replies

228 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 209 Views

1 Reply

209 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 266 Views

1 Reply

266 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 113 Views

1 Reply

113 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 157 Views

2 Replies

157 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 80 Views

1 Reply

80 Views

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

by Latest post by

1 Reply 44 Views

1 Reply

44 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 109 Views

1 Reply

109 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 149 Views

1 Reply

149 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 173 Views

1 Reply

173 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 253 Views

1 Reply

253 Views

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

by on Latest post by

4 Replies 335 Views

4 Replies

335 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 233 Views

1 Reply

233 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 124 Views

1 Reply

124 Views

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

by Latest post by

1 Reply 76 Views

1 Reply

76 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 1202 Views

10 Replies

1202 Views

How to report foreign rental home income with turbotax?

by Latest post by

1 Reply 192 Views

1 Reply

192 Views

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

by Latest post by

1 Reply 288 Views

1 Reply

288 Views

does my mortage payment count as rent expense?

by Latest post by

1 Reply 113 Views

1 Reply

113 Views

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

by Latest post by

1 Reply 157 Views

1 Reply

157 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 337 Views

1 Reply

337 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 890 Views

2 Replies

890 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 165 Views

0 Replies

165 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 220 Views

1 Reply

220 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 233 Views

1 Reply

233 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 189 Views

1 Reply

189 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 248 Views

1 Reply

248 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 365 Views

1 Reply

365 Views

I do not see rental income/business or schedule C

by Latest post by

1 Reply 254 Views

1 Reply

254 Views

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

by Latest post by

1 Reply 145 Views

1 Reply

145 Views

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

by

0 Replies 88 Views

0 Replies

88 Views

how to enter 1099-B short term gains

by Latest post by

1 Reply 86 Views

1 Reply

86 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 216 Views

0 Replies

216 Views

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

by

0 Replies 236 Views

0 Replies

236 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 326 Views

0 Replies

326 Views

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

by

0 Replies 402 Views

0 Replies

402 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 496 Views

1 Reply

496 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 578 Views

1 Reply

578 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 695 Views

1 Reply

695 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 555 Views

2 Replies

555 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 281 Views

1 Reply

281 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 112 Views

0 Replies

112 Views

How do I find the qbi at risk op loss

by

0 Replies 48 Views

0 Replies

48 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 235 Views

1 Reply

235 Views

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

by Latest post by

6 Replies 249 Views

6 Replies

249 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 455 Views

1 Reply

455 Views

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

by Latest post by

1 Reply 201 Views

1 Reply

201 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 206 Views

1 Reply

206 Views

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

by Latest post by

1 Reply 158 Views

1 Reply

158 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 291 Views

2 Replies

291 Views

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

by Latest post by

1 Reply 93 Views

1 Reply

93 Views

turbotax says I have a capital loss when I do not

by Latest post by

1 Reply 326 Views

1 Reply

326 Views

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

by Latest post by

1 Reply 179 Views

1 Reply

179 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 864 Views

8 Replies

864 Views

what does adjusting a cost basis mean when selling a stock

by Latest post by

1 Reply 90 Views

1 Reply

90 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 110 Views

1 Reply

110 Views

Can't enter Fair rented days

by Latest post by

1 Reply 144 Views

1 Reply

144 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 887 Views

4 Replies

887 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 922 Views

1 Reply

922 Views

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

by Latest post by

1 Reply 409 Views

1 Reply

409 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 646 Views

1 Reply

646 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 332 Views

1 Reply

332 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 877 Views

1 Reply

877 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 273 Views

1 Reply

273 Views

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

by Latest post by

1 Reply 468 Views

1 Reply

468 Views

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

by Latest post by

1 Reply 475 Views

1 Reply

475 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 1838 Views

12 Replies

1838 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 653 Views

1 Reply

653 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 127 Views

1 Reply

127 Views

Can I access old depreciation schedules for rental properties?

by Latest post by

1 Reply 1033 Views

1 Reply

1033 Views

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

by Latest post by

7 Replies 402 Views

7 Replies

402 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 369 Views

1 Reply

369 Views

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

by Latest post by

1 Reply 885 Views

1 Reply

885 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 488 Views

1 Reply

488 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 521 Views

1 Reply

521 Views

how can I combine capital gains on fidelity when they ask about all these sales separately -- when they did these on mutual funds?

by Latest post by

1 Reply 288 Views

1 Reply

288 Views

How can I show state tax exempt interest on federal agency bonds?

by Latest post by

1 Reply 279 Views

1 Reply

279 Views

What is the actual depreciation calculation for rental property used by turbo tax?

by Latest post by

1 Reply 439 Views

1 Reply

439 Views

Hi I am a vintage reseller, rent a space in a antique store. I get a monthly ck after the store takes their commission. I also pay rent for my space. How do I list this?

by Latest post by

1 Reply 206 Views

1 Reply

206 Views