KathrynG3
Expert Alumni

Investors & landlords

To clear this area, try deleting it or entering $1, then returning to this area and deleting the entry.

 

To do this, follow these steps:

  • In the search box, enter rental property.
  • Click the Jump to link in the search results.
  • Click Edit by the rental property in question.
  • Select Add Income (box in lower left).
  • At Select your type of income, select Cash, checks, Venmo/Paypal, and/or Form 1099-K and click the trash can icon to Delete OR 
    • enter any amount and Continue.
    • this will return you to the Rental Property Income & Expense Summary, but you should have a trash can icon to delete the invalid income now and eliminate the unneeded category.

For more information about rentals, see: Real Estate Tax and Rental Property - TurboTax Tax Tips & Videos