PatriciaV
Expert Alumni

Investors & landlords

The steps in TurboTax Premium for Windows are the same for the Mac version after you access the property assets for depreciation.

 

  1. Choose the rental property you sold, then go to Assets/Depreciation and Start/Update/Edit.
  2. Choose "Yes, I want to go to my asset summary."
  3. From the list of assets, edit/update an asset.
  4. Follow the prompts to answer Yes, you stopped using this asset.
  5. Follow the prompts to answer questions about this asset.
  6. On the page "Sales Information," enter the allocated sales price and selling expenses for this asset.
  7. Continue back to the list of assets.
  8. Repeat Steps 3-7 for each asset.
  9. Click Done.

@ychenxx 

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