KrisD15
Employee Tax Expert

Deductions & credits

if you are using TurboTax Desktop, check the Schedule E worksheet to see if there is a highlighted error. 

 

You may also need to enter/adjust the rental profile.

 

Since you say that this is RENT and not Royalty, be sure to select "Rental property" on the "Is This a Rental Property or Royalty" screen. (Do not select Royalty property or payment)

Select "Land (raw land rented to others)" for the "What Type of Rental is This?" screen since you are not reporting any depreciation. 

 

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