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Investors & landlords
If you started renting in 2024, when you set up your Rental Property with a 'service date' TurboTax calculates the amount of Mortgage Insurance/Property Tax that applies to the rental from that date ONLY if you select to 'let TurboTax do the calculations' in the interview.
However, if you only rented part of the home for part of the year, you need to do the calculations.
You may want to delete Schedule E and worksheets and step through the Rental section again.
If you're using TurboTax Online, clear your Cache and Cookies after deleting, BEFORE stepping through the Rental section again. Here's How to Delete Forms in TurboTax Online.
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‎April 13, 2025
12:56 PM