KrisD15
Expert Alumni

Get your taxes done using TurboTax

Yes, that would work.

 

For TurboTax Desktop I was able to edit the sale of a rental in Step-By-Step mode. 

 

Income

Rental Properties and Royalties

Update

"Review?"   Yes

Real Estate Professional? 

Continue

Select "Edit" next to the property

Scroll down to "Sale of Property / Depreciation and clink Update

"Do you want to go directly to your asset summary?"     "Yes, I want to go to my asset summary" 

Continue

Click  EDIT next to the rental property 

Continue through this interview to report the sale and make any adjustments needed. 

 

 

I went to the Asset Worksheet and made similar changes as you made

Those number flowed to all the other forms

I returned to the input screen and the numbers had been changed there as well

 

 

 

 

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