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Get your taxes done using TurboTax
@ TigerMO wrote:On my taxes, I have two Schedule E rental properties and each has its own worksheet. On each worksheet in the General Information section, I have typed in the physical address for the property. However, on Schedule E, the physical address for Property B does not transfer over from the worksheet to Schedule E. Turbotax will not allow me to type in the address directly on Schedule E, so it remains blank. This is an error that has been present for several years and so far has not resulted in a question from the IRS, but I'm just waiting for the day it does. Please fix this.
I'm a fellow user and forum helper. I just ran some scenarios. I created two worksheets (Property A and Property B) and entered a property address on each one. For me, the addresses on both worksheets correctly flowed to the Schedule E, except in one circumstance. Look at the General Information section of each worksheet, and check what number is showing for "Property type." If the Property type on your Worksheet B says 6 (Royalty), then the property address will NOT flow to Schedule E, because the IRS does not require the address of a royalty property on Schedule E.
According to the TurboTax help for the Schedule E, Line 1a (where rental property addresses ultimately show up):
"The address of each rental property will be filled in (on the Schedule E), but will be blank for each royalty property. This is in accordance with the IRS instructions for Schedule E."
I tested all the other property type numbers, and with the other numbers the address flowed normally from Property B worksheet to the Schedule E.
So see if your issue is due to a property type of 6 on your Worksheet for Property B. If your property type is indeed "6", then it's behaving correctly.
Are you trying to prepare your Schedule E solely in Forms Mode, or are you just trying to correct something by that method? Normally you should be entering all the rental information through the step-by-step interview instead of manually entering in Forms Mode on the worksheets. Those are complicated worksheets with complex flow between those and other worksheets with the Schedule E. The step-by-step also has some interview questions that may not be obvious if entering just on the worksheet.
If it turns out that it is not the "Property type" entry causing your problem, I'll ask someone familiar with multiple rental properties to assist you.