DianeW777
Expert Alumni

Investors & landlords

I have not had this experience.  First thing to do is to clear your cache and cookies, as well as browsing history.  This will remove any pieces of information you wanted your computer and software to forget. It also makes a big difference on many things without logic many times.

 

Next, follow these steps to enter your rental income.  To enter your rental:

  1. In TurboTax, search (upper right) for rentals (plural) > Press enter > select the Jump to..... link at the top of the search results.
  2. Answer Yes to the question Did you have any rental or royalty income and expenses in 2020 for property you own?
  3. Follow the on-screen instructions as you proceed through the rental and royalties section.
    • Select the property where you want to enter income > Edit > Scroll to Income > Select Add income
    • Select Cash, checks, Venmo/Paypal, and/or Form 1099-K
  4. See image below.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"