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Deductions & credits
Sorry, I'm unable to understand your instructions. There is no provision to Jump to after I click on Search>Rentals.
I don't know what you mean by
- Search (upper right) type rentals > Jump to... link
- Begin your review and if necessary enter the cost basis again for both building and land.
After closing TurboTax, I emptied the cache and reentered the values for the cost of the house ($460,000) and land ($78,000) and got the same erroneous result.
Cost basisDepreciable basis
Building | $0 | $0 |
Land | $464,158 | n/a |
Total | $464,158 | $0 |
Microsoft's Snipping Tool doesn't work here, so I can't cut & paste the TurboTax screen.
‎February 1, 2023
2:16 PM