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2024 Sale of Daughter's home we purchased
Need to know if TurboTax Premier will address the sale of home we purchased for sick daughter to live in until she died in Dec 2022. It was supposed to be rented to her but at very low rental fees and every time from 2019 to 2022 when I tried to report it in annual TurboTax Premier it was denied as a true rental and I was to report income from it against expenses on detailed personal deductions form -- which would not then be reported as was below standard deduction allowance.
So will TurboTax Premier 2024 be able to walk me through this property sale?
March 7, 2025
1:36 PM