LinaJ2018
Intuit Alumni

Investors & landlords

If you are referring to the rent you pay for an apartment or place, there is no deduction allowed on the federal return. However, some states offer renter credit for taxpayers who qualify. In the TurboTax online program, under the state tax section, you would have to go through the state step-by-step interview questions to enter that information.

If you are referring to any rental income or expenses you incurred as a landlord, please follow the steps :

 1. After sign into your account, select Take me to my return 

2.  At the right upper corner, in the search box , type in schedule e and press Enter 

3.  Select Jump to schedule e

4.  On next screen, Did you have any rental or royalty income and expenses in 2015 for property you own?                         answer Yes and continue to follow the prompts. 

5.  You will need to upgrade to the TurboTax Premier version to complete your transaction. Just follow the prompts and            program will guide you through the process