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Investors & landlords
Loss of rent is not reported on a tax return or on Schedule E.
You should have reported the income and repair expenses incurred in 2022 on your 2022 tax return Schedule E. Any improvements made on the property in 2022 should have been entered as an asset and depreciated.
If you did not report the rental property income. expenses and assets on your 2022 tax return then you need to amend the 2022 tax return that was filed.
See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...
‎November 19, 2023
6:20 AM