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Investors & landlords
It may be recorded in your program but not on the summary page. To see if all the income and expenses have been recorded, go to tax tools>tools>view tax summary. Now on the left side of your program, select preview 1040.
Scroll to Part 1-Addtitional Income and look at line 5, Rental Real Estate .... and see if this amount reflects the amount of income and expenses you entered in your program.
If the information did not record, it may be one of two reasons. You may be in the wrong version of Turbo Tax. You need to be in the Premier Version to report your income and expenses correctly.
If you are in the premier version, you may need to clear your cache and cookies in your browser. Do this, then log out of your account and then back in again and see if the program will let you record the expenses.
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