Anonymous_
Level 15
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Get your taxes done using TurboTax

You can file a Schedule E despite having no rental income and only expenses, but the depreciation section of the program is still incomplete (which is causing issues for your sale).

 

Eventually, in the Property Profile section, you will indicate that you sold the property by placing a checkmark in the box to the left of I sold or disposed of this property in 2019 (see first screenshot below).

 

In the Sale of Property/Depreciation section, you will also indicate that you sold the property by placing a checkmark in the appropriate box and entering the date of the sale (see second screenshot below). However, the program will have to be updated prior to your doing so.

 

1.png2.png

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