sallysynge
Returning Member

Get your taxes done using TurboTax

Thank you. We are done with Federal 1065 and K-1s. Now for individual 1040, how to "dispose" the previous information on rentals? I got the following screenshot. It seems we can check "convert from personal to rental in 2022"? I assume the software will import K-1 information and not duplicate it on sch E of 1040, right?

 

I am not sure if we should delete the entries completely and it may cause problems for turbotax home&business.Capture.JPG